CTIEC gets cement project contract from Mongolia
| China Triumph International Engineering Company (CTIEC) yesterday signed an EPC project contract with Mongolia-based MIZU LLC in Beijing, the Shanghai Securities News reported.
The project will be invested by MIZU LLC. CTIEC and its subsidiary Beijing Triumph Building Materials Engineering Design Co will help the Mongolian company to build a cement production line with a daily production capacity of 3,300 tons in Dornogovi Province of Mongolia.
CTIEC and its subsidiary Beijing Triumph Building Materials Engineering Design Co Ltd will carry out feasibility study for the project from Sep, 2009. The whole project, with an estimated investment of US$120 billion, is expected to be completed within 36 months.
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