Business | Construction

Alumco, CPC tie up for new Dh100m factory in Algeria

UAE company Alumco LLC and Saudi Arabia-based Construction Products Holding Company (CPC) announced on Monday the signing of a MoU to set up a new aluminium extrusion factory in Algeria.

  • Staff Report
  • Published: 17:32 September 8, 2008
  • Gulf News

Dubai: UAE company Alumco LLC and Saudi Arabia-based Construction Products Holding Company (CPC) announced on Monday the signing of a MoU to set up a new aluminium extrusion factory in Algeria.

The project will involve investments totalling Dh100 million. The new factory, spread over 100,000 square metres, will have an initial production capacity of 50,000 tonnes per year.

Work on the project is expected to start within six months from the signing of the MOU with completion due within nine months to one year.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

More from Construction

  1. Al Fara'a delivers project at Jumeirah Village

  2. Danube's fifth Buildmart complex opens

  3. Drake & Scull posts Dh71m profit

  4. Oman issues tenders for steam and power plants

All articles in Construction

More from Business

Gulf News
Popular in Business
Precious jump
General

Precious jump

Gold prices at new high as India's central bank buys $6.7b worth of gold

Business Editor's choice