Malaysia-based YTL Corporation is planning to establish a cement plant in Thilawa Industrial Zone in Myanmar, with an eye to producing 1 million tons per year for the domestic market.
Construction of the plant is expected to begin in October, according to the project manager of YTL Corporation, who said the plant will create at least 100 jobs upon completion.
YTL met with its stakeholders recently to seek advice on environmental conservation and plans to meet with local people in July to discuss the environmental impact of the project.
YTL will use technology to minimize ash during the from the cement production process.
Thirty-six companies including YTL have received a green light from the Myanmar Investment Commission to invest in the Thilawa Special Industrial Zone which opened in November, 2013.
Ye Khaung, Myat Thandar;
Photo: Po Htaung