Home > Business, Cambodia Business News > SCCC to study possible cement plant in Cambodia

SCCC to study possible cement plant in Cambodia

Raffles le Royal Hotel, Phnom Penh

          Siam
City Cement Plc and Cambodia’s Chip Mong Group Ltd yesterday
(Wednesday, December 8) signed a Memorandum of Agreement for
Partnership in Feasibility Study for Cement Plant Investment in
Cambodia

After
more than half a decade of partnership, SCCC and Chip Mong Group are
ready to explore cement plant investment opportunities in Cambodia.

          
With
consistent market growth, good distribution and excellent support from
local Cambodian customers, SCCC and Chip Mong Group have taken their
partnership a step further by investing in a feasibility study for a
1-1.5 million tons/year capacity cement plant in Cambodia. 

          
This
auspicious MoA signing ceremony was attended by Mr. Philippe Arto,
Managing Director/Chairman of the Executive Committee, Ms. Chantana
Sukumanont , Deputy Chairman of the Executive Committee (Marketing and
Sales) representing SCCC; and Ms. PHEAP HEAK chairwoman of the board,
Mr. LEANG KHUN Executive Chairman, representing Chip Mong. 

          
Both
companies believe that this investment will lead to increased success
in Cambodia, which has already proven itself to be a rich market for
cement products. SCCC and Chip Mong share the conviction that this
proposed new cement plant will further increase the efficiency of their
partnership’s operations in Cambodia.
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