EIIC to build cement factory in Abu Dhabi
by ArabianBusiness.com staff writer on Saturday, 22 December 2007
Emirates International Investment Company (EIIC) is to establish a US $408 million (AED1.5billion) clinker-cement factory in Abu Dhabi.
Clinker is a solid material used to produce cement and mortar, and if stored properly, can be traded internationally in large quantities.
Construction of the factory will commence in January and will be built across three phases within three years. The factory is expected to be ready for production by the end of 2010.
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