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Financing the project costs of the Kant Cement Plant to construct a dry-process clinker burning line to enhance the environmental performance of cement production in the Kyrgyz Republic and reduce emissions
Country
Kyrgyz Republic
Type (PPP, etc.)
Investment credit
Sector
Construction materials
Environmental and social responsibility category
Category B
Timeline
Timeline 2023–2025 (construction of the new process line)
Project description
The Kant Cement Plant is one the largest manufacturing facilities in the Kyrgyz Republic.
The project entails acquiring and installing a state-of-the-art dry-process clinker burning line with a daily capacity of 2,500 tonnes.
Equipment will be supplied by Beijing Triumph International Engineering Co., Ltd (Sinoma Group).Project objectives:
Expected project outcomes
- Enhancing the competitiveness of manufacturing enterprises in the Kyrgyz Republic
- Decreasing environmental impacts stemming from cement production in the Kyrgyz Republic
- Improving energy efficiency, productivity and automation of production processes
- Lowering the cost of cement production
- Boosting mutual trade and investment between EAEU member states
Figures and facts
The EDB’s investment
CNY 351.2 million
Daily capacity of the new line
2,500 tonnes of clinker
Coal consumption to be reduced
by 48%
Effects
Environmental effects:
- - Positive impact on air quality by reducing emissions of pollutants such as nitrogen oxides and dust
- - Decreased water consumption
Alignment with ESG principles:
- - Responsible attitude towards the environment
- - High social responsibility
- - High-quality corporate governance standards
Alignment with the SDGs:
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialisationand foster innovation
Client
Kant Cement Plant
Part of United Cement Group (UCG), Central Asia’s largest cement holding
Project manager
The EDB: Denis
Kan