Third cement factory for Thai giant
Siam Cement Group, Thailand’s largest conglomerate, is tapping into Cambodia’s booming construction sector and opening its third cement plant in Battambang province next year. Governor of Battambang province Chan Sophal told Khmer Times that SCG, a majority shareholder in Kampot Cement, started construction on the cement factory last year in Ratanak Mondol district and is almost finished. “So far, they have completed about 60 percent of the construction [for the third plant]. It’s a good investment because they invested a lot of money and have strategic partners, so it will not be long before they finish construction,” he said. Mr. Sophal added that construction of the cement factory is due to be completed at the end of the year and operations would begin in 2018. “This is part of our investment plan for the province as it will be part of the history of my province to have a cement-producing factory here,” he said.
