China Enterprise News : Following “One Belt and One Road”, Conch Promote the Layout of Overseas Market

Time:2015-03-09 00:00

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  China proposed a new economic development strategy of “One Belt and One Road” during APEC meeting in 2014, Conch who is located by Yangtze river did really feel the coming of new opportunities, Conch seized the strategic opportunity of interconnection and interworking tightly and start to develop in overseas market with funds and technology, actively make a global allocation of China cement industry resource.

  Conch actively respond to the call of state and province government of " going global", make full use of market and resource in both domestic and overseas, speed up the overseas development, transfer the excess capacity in domestic to tap new sources of economic growth, and strengthening enterprises' international competitiveness. Based on an abundance of survey, negotiation and investment, after more than 3 years of efforts, Conch finished the investment study and planning layout in Indonesia, Myanmar, Cambodia, Laos and other southeast neighboring countries. Up to now,  Conch’s first cement production line in Indonesia South Kalimantan has already put into operation, the second cement production line is under construction; the Papua, Sulawesi, Merak and etc. projects have already started construction or preliminary work, After all the projects completed, the total capacity of clinker and cement in Indonesia can reach 20 million ton and 25 million ton. In Myanmar, the Kyaukse 5000tpd cement production line in Mandalay which cooperated with Industry department has already started the construction, the preliminary work of Hpa-an project and others are in progress. After all the projects completed, the total capacity of cement in Myanmar can reach 10 million ton(translator:Wangshan)