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Arabian Yemen Cement Company

Sector: Raw Materials • Location: Yemen, Republic of

Source: International Finance Corporation (IFC)

Project
Completed

The project involves the construction and operation of a greenfield, integrated cement plant with a cement production capacity of 1.54 million tons per annum (tpa) and a 36-megawatt captive power plant in the eastern part of the Republic of Yemen. The project will be located about 60 kilometers northeast of Mukalla, the capital of Hadramout Governorate, and will be the first cement plant in the le

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The project “Arabian Yemen Cement Company” is an infrastructure initiative in the Raw Materials sector, located in Yemen, Republic of. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Description

Description

The project involves the construction and operation of a greenfield, integrated cement plant with a cement production capacity of 1.54 million tons per annum (tpa) and a 36-megawatt captive power plant in the eastern part of the Republic of Yemen. The project will be located about 60 kilometers northeast of Mukalla, the capital of Hadramout Governorate, and will be the first cement plant in the less developed eastern Yemen. The project is under construction and the project company, Arabian Yemen Cement Company (AYCC or the company), is expected to begin cement production in 2009.The project is sponsored by Eastern Province Cement Company (30% shareholding) of Saudi Arabia and two prominent Saudi businessmen, Sheikh Mohammed Hussain Al-Amoudi (15% shareholding) and Engineer Abdullah Ahmed Bugshan (15% shareholding). Five minority shareholders own the balance of 40%.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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