Jordanian-based worldwide mission funding holding (IVI retaining) has announced the signing of an Engineering, Procurement, and production (EPC) agreement with chinese language business enterprise Sinoma remote places development to construct a 6,000 TPD [tonnes per day] clinker cement plant in Al-Muthanna Province.
The assignment, worth over $240 million, ambitions to address the local cement deliver hole and generate enormous local employment, in step with a statement from IVI.
The agreement turned into signed by using Mr. Hussein Shamara, Chairman of IVI holding, and Mr. Linhe Zhu, Chairman of Sinoma overseas. The ceremony was attended by way of Mr. Rami Harajli, chief investment Officer of IVI conserving, and Mr. Liu Qudong, President Assistant of Sinoma distant places.
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