ကြံခင်းဘိလပ်မြေစက်ရုံ

Status:
New
Start:
FY2021-2022
End:
FY2041-2042

Project Description

The project aims to produce 957,300 tons of cement per year as a substitute to cement importation. The plan is to increase the installed capacity of the cement plant from 1,600 tons/day to 3,000 tons/day. The cement plant will be refurbished and operated through a PPP scheme between a private sector partner and the state-owned cement plant. The largest of its type in Myanmar, the Kyangin Cement Factory has been a leading cement supplier to the domestic market for nearly 40 years, having made significant contribution to the development of domestic infrastructure in Myanmar.

Project Expected Benefits

The project is expected to generate significant employment opportunities for the local community while increasing cement output. About 900 government staff employed at the Kyangin Cement Factory will benefit directly from enhanced job and training prospects. Surrounding townships in the Ayeyarwady Region, Rakhine State, Bago Region and Magwe Region will also experience indirect benefits through increased employment opportunities and peripheral economic activities.

Locations

Ayeyarwady Region

Total Project Cost

52.20M

Financing Type

Private Sector Financing

Implementing Government Agency

No. (2) Heavy Industrial Enterprise

Myanmar Sustainable Development Plan Alignment

Contact Detail

U Than Zaw Htay
Managing Director & Assistant General Manager/No (2) Heavy Industrial Enterprise, Ministry of Planning Finance and Industry
hie2planning@gmail.com