We are a prominent cement company in Nepal, strategically entered the manufacturing business during a critical period of heavy reliance on imported cement. Our visionary investment has positioned us as a key player in the industry, with ownership stakes in two major cement companies. One of our noteworthy venture is Shivam Cement, a source of immense pride as the first publicly listed cement company in Nepal. With an impressive daily production capacity of 3,000 tonnes , Shivam Cement has emerged as a key player in satisfying Nepal's increasing cement requirements.
Since its establishment in 2003, Shivam Cement has made a significant impact on the industry by fulfilling the nation's ever-increasing need for top-notch cement. The company's dedication and substantial contributions have played a crucial role in meeting the growing demand for high-quality cement in the country. Furthermore, We have established a partnership with Hongshi Cement, marking a significant milestone for our organization, among Nepal's largest foreign direct investment (FDI) company, securing a remarkable investment of $300 million.
Hongshi Cement stands as a testament to its immense production capacity, capable of manufacturing an astounding 6,000 tonnes of cement per day. Through our strategic investments in these leading cement companies, we have made significant contributions to the expansion and self-sufficiency of the Nepalese cement industry. Our unwavering dedication revolves around ensuring the accessibility of high-quality cement, diminishing reliance on imports, and fostering the nation's overall development.
