Corporate Houses In Cement Race 


March 13, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 04 No.- 18 Mar.11-2011 (Falgun 27,2067)<BR>

Even as the country is reeling under acute power shortage, leading corporate houses of the country are investing billions of rupees in cement production. Big three corporate houses – Chaudhary, Golchha and KL Dugar are preparing to set up big cement factories. Chaudhary group is planning to invest in two separate cement factories in Palpa and Nawalparasi in a joint investment with foreign company. It is said that these two factories will attract Rs 8 billion investment. Golchha organization is investing Rs 3.15 billion in a cement factory in Mirchaiya, Siraha. Likewise, the KL Dugar group is planning to set up cement factory in Dhading and Lalitpur with the investment of Rs 3.28 billion.
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