Lafarge is to invest $90 million to rebuild its cement plant in Aceh, Northern Sumatra, Indonesia that was destroyed during the Tsunami on
The new plant will have a production capacity of approximately 1.6 million tonnes per annum and is expected to come on-stream by mid-2007.
The company has already launched a floating terminal at the
Lafarge is also rebuilding 500 homes, a school, and a mosque in Lamkruet, a nearby village about a mile away from the factory. Lamkruet was almost entirely destroyed by the Tsunami.
The first group of 275 houses should be completed by summer 2006, at a cost of approximately $2 million. Lafarge is to finance the operation using its own funds as well as donations from employees throughout the world, and from other partners.
Babcock marks next stage in submarine dismantling project
Surely on a national security project all contractors ought to be UK owned? This is similar to the life enhancement of our nuclear stations which has...