Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Investment in Banda Aceh

MATERIALS

FRENCH-owned cement giant Lafarge is set to plough more than £50 million into one of the areas worst-hit by devastating tidal waves on Boxing Day last year.

It is to invest the cash in the reconstruction of its Banda Aceh plant in Indonesia, which was destroyed by the tsunami.

The plant will have a production capacity of 1.6 million tonnes and is expected to be operational by mid-2007.

The investment will help the economic recovery in the area, according to chief executive Bernard Kasreil. He said: 'We have long been present in Indonesia and would like to support the population.'