Sedona Hotel Yangon
Tapping into Asia's Next Frontier
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Siam Cement Group (SCG), the giant construction-materials manufacturer, will soon set up a 10-billion baht ($314 million) cement production plant in Myanmar to support fast infrastructure development and market liberalisation ahead of the Asean Economic Community. 24/7/12, Asia News Network
Myanmar currently has a very high demand for cement, and SCG isconsidering investing in a cement production plant capable of producing 1.8-1.9 million tons per year in order to meet the demand in Myanmar.
PT Semen Gresik, Indonesia's biggest cement maker, is planning to build a cement plant in Myanmar worth 1.5 trillion rupiah ($159 million) next year, chief executive Dwi Soetjipto said on Tuesday..."We will set up a joint-venture with a local partner tobuild 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... 26/6/12, Reuters
With the reform in Myanmar moving into positive direction and the sanctions on Myanmar lifted or eased from various countries, the surge of foreign investment in infrastructure projects has shifted into high gear!
The range of large scale development projects is phenomenal, from hydro-electric power projects to deep-sea port projects, road works, airports, hotels and more. Cement and other construction materials demand will be very high, giving tremendous opportunities for cement traders and investors. Currently, Myanmar needs to import cement to meet demand and cement players are expanding their capacities to cope with the rising demand.
"Myanmar parliament passes investment law ..." September 7, 2012 - News Terra.com
CMT's timely 14th Asia Cementrade Summit takes place in Yangon, Myanmar on 13-14 September 2012, providing invaluable insights on the opportunities in Myanmar as well as Indonesia, India, Bangladesh and China. This is an excellent opportunity to hear from a leading panel of experts and network with the regional industry who's who!
WHO SHOULD ATTEND Senior executives / traders from international / | Major functions of DICA, a division under the Ministry of National Planning and Economic Development are
Multiple Benefits Gained from Other Confirmed Speakers!
Don't hesitate! Sign up with your team today at www.cmtevents.com or contact grace@cmtsp.com.sg for group discount.
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| Published articles for your interest and reference: |
Thai firms earmark billions for Myanmar - Asia News Network, July 24
Thailand, Myanmar reaffirm commitment in port development – Asean-cn.org, July 24
Myanmar's president promises second wave of reform - Reuters, June 19
Suu Kyi calls for Myanmar investment on landmark tour - Channelnewsasia.com, June 14
Myanmar cement sector attracts foreign investments - CemWeek - The Cement Knowledge Platform
Italy, France, Thailand, Malaysia and Vietnam interested in cement manufacturing in Myanmar
Is Myanmar the Next Mongolia? - Business in Focus, Apr 2012