Holcim Vietnam has pledged to spend US$1 million on the preservation and restoration of a limestone mountain in the Mekong delta province of Kien Giang. The project is scheduled to be completed by 2012.
|US$1 million is spent on the preservation and restoration of a limestone mountain|
The project is part of Holcim’s pledge to encourage sustainable development by sponsoring community projects and technology research.
To carry out its pledge professionally, a Sustainable Development Department was set up on Tuesday to offer communities support for research and development.
Holcim will also donate US$60,000 a year from now until 2010 to preserve natural grass fields in the Mekong delta and to raise the standard of the living for ethnic Khmer in Kien Luong district in Kien Giang and to conserve red-headed cranes and wetlands in Ha Tien.
Holcim Vietnam Ltd. is a joint venture between Holcim Group of Switzerland and the Ha Tien 1 Cement Company, a subsidiary of the Vietnam National Cement Corporation. The company was issued an investment license in February 1994 and its license capital is US$441 million.