Chip Mong Insee Cement Corporation (CMIC) launched a new factory in Kampot province yesterday, with a total production capacity of 5,000 tonnes of cement per day.

The official opening of the $262-million factory was presided over by Prime Minister Hun Sen in the Banteay Meas district of Kampot, where the factory will occupy about 110 hectares of land. The plant is a joint venture between local construction conglomerate Chip Mong Group, which owns 60 percent of the shares, and Thailand’s Siam City Cement Corporation (SCCC).http://www.phnompenhpost.com/business/new-cement-factory-opens-kampot