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SAUDI ARABIA: Joint venture construction plans for several ready-made concrete plants, ARABIAN CEMENT CO. [Saudi Arabia] & ITALCEMENTI GROUP [Italy] Order #: 128906.

Publication: WWP-Report on Mining, Metal Making and Conversion
Publication Date: 01-DEC-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

A Saudi/Italian joint venture was recently established in view of building several ready-made concrete plants in the Kingdom. The partners in the planned undertaking include the Italy-based ITALCEMENTI GROUP and the local ARABIAN CEMENT CO.

However, no details regarding the size of the planned investments has yet been revealed. Nevertheless, the 2 companies have applied for a license from the SAUDI ARABIAN GENERAL INVESTMENT AUTHORITY in order to form a limited liability company that will be in charge of the project.

ITALCEMENTI,...

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