Orascom keen to invest in cement industry
BDNEWS, Dhaka
After investing in telecommunications sector, Egyptian Orascom group has expressed its interest to invest in Bangladesh's cement sector. The chief consultant of the Orascom group Tussy Alexandar yesterday express the interest to Executive Chairman of Board of Investment Mahmudur Rahman. BoI chief said the Orascom will invest worth $500million in this sector. The group will set up a complete cement industry like Lafarge by importing its raw materials. The investment will help reduce the local demand, he said.
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