Turkish building materials producer Konya Cimento will invest Euro 12m in the construction of a new cement mill, the company said in a statement to the Istanbul Stock Exchange (IMKB) on January 3, 2006. Construction will start on January 16, 2006 and is to be completed in June 2007. This work will also include another Euro 1.9m in the construction of a cement silo. The two projects will be financed entirely through Konya Cimento funds.