Anhui Conch Cement is seeking project finance for a US$105m cement transport centre in Palembang, Indonesia. The company plans to raise 80 per cent of the total investment via debt from international and Chinese banks.
The plans include a transportation and storage centre, with a berth for vessels of a 3000dwt capacity, which will import and export 400,000tpa of cement. The project is expected to be completed within 18 months.
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