CBMI Construction Co Ltd has been a pioneer in the implementation of engineering, procurement and construction (EPC) contracts in the cement sector. Beginning its EPC journey in 1999, the company has continued to build its global reputation and reference list and secured over 60 such orders – including many industry firsts for high-profile producers. By Daliang Chi, CBMI Construction Co Ltd, China.
Today, EPC contracts account for 50 per cent of new projects in the cement industry as the model has gained in popularity with producers over the years. EPC contracts offer the investor a number of benefits. For instance, investment risks can be controlled as the EPC contract includes a fixed-lump sum price for a turnkey plant solution. Moreover, the EPC provider shoulders the responsibility of coordinating engineering and construction contractors as well as equipment suppliers.
