"We will set up a joint-venture with a local partner to build a factory with a capacity of 600, 000-1 million tonnes a year. " he said, adding the company saw demand for construction in Myanmar increasing significantly in coming years as foreign investment starts to pour in. The company is also planning to acquire a cement maker in Vietnam next year after cancelling its plan to buy a Malaysian cement maker this year. Soetjipto said the company has allocated up to $500 million for its overseas expansion. ($1 = 9, 440 rupiah) Source: uaecement
Source:
http://www.uaecement.com/newsDetail.aspx?id=567
