Korean cement plant to be built in Thilawa SEZ
The cement manufacturing plant’s opening ceremony was held at LOTTE Hotel on Pyay Toad on Friday evening. The ceremony was attended by officials from the Ministry of Construction, ambassador of the Republic of Korea to Myanmar Mr. Lee Sang Hwa and Kim Jong Sik, Managing Director of Yojin cement plant.
“The plant was built in Thilawa SEZ in 2016 with a US$ 60 million investment by Korea, and the plant started operating in 2018. The plant will manufacture slab cement for the first time for the Myanmar construction sector,” said Ko Aung Pyat Phone, manager of Yojin cement plant.
Slab cement is used in construction. It is made from mixing ordinary cement and powder derived from steel. Although Yojin cement plant can produce 3,000 tons of cement per day, it will produce only 1,500 to 2,000 tons of cement per day, based upon market demand. The plant can produce about one million tons of cement per year.
Source: The Global New Light of Myanmar
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