
IVI Holding has officially kicked off the investment to establish a 6,000 tpd cement plant in the Al-Muthanna Province in Iraq. The company has signed a US$240m EPC contract (Engineering, procurement and construction) with Sinoma Overseas to bridge the gap in local cement supply (photo: signing ceremony with the two Presidents of the companies). Furthermore, hundreds of local employment opportunities will be created, to embody IVI’s commitment towards advancing Iraq’s economic and industrial infrastructure development. The plant shall be operational within the next two years.