|At the ground breaking ceremony (Photo: SGGP)|
The Ha Tien 1 Cement Joint Stock Company laid the foundation stone for a cement manufacturing facility in Ho Chi Minh City yesterday.
The facility, worth a total of VND918 billion (US$57 million), will cover 20.2 hectares in the Phu Huu Industrial Park located in district 9.
It is expected to produce 1 million tons of PCB-40 cement per year for construction projects in both HCMC and the southeastern provinces.
The state-of-the-art production line is scheduled to begin operation in October 2008.