The International Finance Corporation, the private sector arm of the World Bank Group, has agreed a $35m loan to the National Cement Company in Yemen. The loan is to enable the construction of a greenfield cement plant at Al Anad, 70km north of Aden. The plant will have a capacity of 1.6Mta and the project is one of the largest private sector investments outside of the oil sector. Published under Cement News
The International Finance Corporation, the private sector arm of the World Bank Group, has agreed a $35m loan to the National Cement Company in Yemen. The loan is to enable the construction of a greenfield cement plant at Al Anad, 70km north of Aden. The plant will have a capacity of 1.6Mta and the project is one of the largest private sector investments outside of the oil sector. Published under Cement News
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