Cement News tagged under: IME Group

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IME Group plans new NPR10bn plant in Nepal

29 March 2019, Published under Cement News

IME Group, a Nepal-based business conglomerate, has announced plans to invest NPR10bn (US$89.89m) for a cement plant in Chormara, Nawalparasi. "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future," said Chandra Dhakal, chairman. "The demand for cement will exponentially rise in the coming years as the local governments will be focusing on infrastructure development." As such, the company has already acquired around 10.5ha of l...