ID :
42972
Thu, 01/29/2009 - 10:28
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Shortlink :
https://oananews.org//node/42972
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Laos to produce two million tons of cement by 2012
Laos to produce two million tons of cement by 2012
(KPL) Efforts are being made to produce more cement so that by 2011 Laos would be producing one and a half million tons annually and this should be able to meet the demand for all the small and mega projects in the country.
Presently, the cement factories in Laos are producing only one million tons per year whereas the local users use as much as 1.5 million tons.
Mr Inphon Phattananouluk, Deputy Head of Finance and Account Service of Agriculture and Industry Development of State Enterprise Company said that the cement plants are stepping up their volume of production so that by 2012 they would be able to produce as much as two million tons annually.
Based on the projection of the increase in demand for cement, the Agriculture and Industry Development State Enterprise Company, decided to enter into a US$77 million joint venture with a Chinese investing company to upgrade the Vangvieng I Cement Production Factory and the agreement between the two parties was inked in September last year.
On completion of the expansion of the cement plant in Vangvieng by 2011, it would be able to produce as much as 750,000 tons per year instead of the present capacity of 76,000 tons per year and so it would be able to fulfill the domestic demand for cement for all the construction projects in Laos. It is also projected that there could even be a surplus of cement by 2011 so that it could be exported to Myanmar and the area straddling the Laos-China border.
However, there is a serious drawback to the production capacity of the cement plant in Vangvieng, as it is facing the problem of shortage of electricity and this problem will become acute during the dry season as this seasonal increase in demand is as high as 30 per cent.
(KPL) Efforts are being made to produce more cement so that by 2011 Laos would be producing one and a half million tons annually and this should be able to meet the demand for all the small and mega projects in the country.
Presently, the cement factories in Laos are producing only one million tons per year whereas the local users use as much as 1.5 million tons.
Mr Inphon Phattananouluk, Deputy Head of Finance and Account Service of Agriculture and Industry Development of State Enterprise Company said that the cement plants are stepping up their volume of production so that by 2012 they would be able to produce as much as two million tons annually.
Based on the projection of the increase in demand for cement, the Agriculture and Industry Development State Enterprise Company, decided to enter into a US$77 million joint venture with a Chinese investing company to upgrade the Vangvieng I Cement Production Factory and the agreement between the two parties was inked in September last year.
On completion of the expansion of the cement plant in Vangvieng by 2011, it would be able to produce as much as 750,000 tons per year instead of the present capacity of 76,000 tons per year and so it would be able to fulfill the domestic demand for cement for all the construction projects in Laos. It is also projected that there could even be a surplus of cement by 2011 so that it could be exported to Myanmar and the area straddling the Laos-China border.
However, there is a serious drawback to the production capacity of the cement plant in Vangvieng, as it is facing the problem of shortage of electricity and this problem will become acute during the dry season as this seasonal increase in demand is as high as 30 per cent.
