Cement News tagged under: Honshu Shivam Cement Factory

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Nepal plant project faces delays

28 April 2017, Published under Cement News

Construction of the Honshu Shivam Cement Factory, a Nepal-China joint venture, is likely to be delayed as the government has been slow to build a road leading to the limestone quarry, the Kathmandu Post reports. The Honshu Holding Group of China has invested NPR36bn (US$351m) or 70 per cent of the project cost into the venture, while its partners has invested the remainder. “A study has shown that NPR3bn will be required to construct the 40km road. However, the government has allocated...