Middle East Economic Survey
Lafarge Starts Up Syrias First Private Cement Plant
Lafarge Cement-Syria, a unit of French cement producer Lafarge, has started operations at a local plant that is expected to attain its annual full capacity of 3mn tons/year in early 2011. The new plant is expected to meet Syrias shortfall in cement production and is the largest private sector investment in the country to date. Last year, Lafarge Cement Syria obtained a $340mn...