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.

Shivam Cement, established in 2003, has been a key player in Nepal's cement industry. The company has consistently met the nation's increasing demand for superior cement, making a significant impact on the market. Moreover, our partnership with Hongshi Cement, one of Nepal's largest foreign direct investment (FDI) companies, has further strengthened our position. This collaboration has brought an impressive investment of $300 million into our organization, marking a significant milestone.

Hongshi Cement's remarkable production capacity of 6,000 tonnes per day is a testament to its excellence in cement manufacturing. Through our strategic investments in leading cement companies like Hongshi Cement, we have contributed significantly to the expansion and self-sufficiency of Nepal's cement industry. Our primary focus remains on ensuring the availability of high-quality cement, reducing dependency on imports, and promoting the overall development of the nation.

With our dedication to innovation and quality, Shivam Cement continues to be at the forefront of the cement industry in Nepal. We strive to meet the evolving needs of our customers while contributing to the growth and self-reliance of the country's cement sector.


Business Highlights

Shivam Cement
    • The largest cement manufacturing company in Nepal, Shivam Cement, was founded in 2003. It began commercial production in 2011 from self-owned limestone quarries. 
    • The private limited company went public with the largest IPO in Nepal under the manufacturing division during 2018.
    • Shivam Cement (P) Ltd. is, by far, the largest investment done by the private sector in Nepal. This project is a greenfield that has its own captive mines. It produces 1200 TPD cement, including the making of clinker & grinding.
    • Situated in Hatiya VDC, Makwanpur (Hetauda) Nepal, the company has the nearest proximity to Kathmandu in comparison to the competitors, the biggest market of cement in Nepal.

Hongshi Shivam Cement
    • Hongshi-Shivam Cement is the largest FDI company in Nepal. This unit has a production capacity of 6000 tons per day.
    • It is the joint venture between Nepal’s Shivam Holdings and Hong Kong Red Lion Cement No 3, a subsidiary of China’s Hongshi Group.
    • Hongshi-Shivam Cement and the Investment Board of Nepal signed a US 359m dollars project investment agreement in September 2017 to build the manufacturing plant.
    • The Investment Board of Nepal inked a US$359 million project investment agreement with Hongshi-Shivam Cement to develop the facility in September 2017. A 10-kilometer road was built to connect the site to the main local highway, and a 22-kilometer route was created to connect the site to a limestone quarry near Palpa. By 2020, the business intends to quadruple the unit's manufacturing capacity to 12,000 tonnes/day.