Bangkok--13 Dec--Four Hundred
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.
Issued by: Siam City Cement Plc.
For further information: Mr. Kantanit Sukontasap
Vice President, Group Communications
[email protected]
Siam City Cement Plc.
Tel: 0 2797 7060