We are a prominent cement company in Nepal, strategically entering the cement manufacturing sector during a critical period of heavy reliance on imported cement. Our forward-looking investments have positioned us as a key player in the cement industry, with ownership stakes in two major cement companies. One of our noteworthy ventures is Shivam Cement, the first publicly listed cement company in Nepal. With an impressive daily cement production capacity of 3,000 tonnes, Shivam Cement has emerged as a major contributor to meeting the country’s growing cement demand.
Established in 2003, Shivam Cement has consistently played an important role in Nepal’s cement industry. The company continues to meet the nation’s rising need for high-quality cement, making a significant impact on the market. Our partnership with Hongshi Cement—one of Nepal’s largest foreign direct investment (FDI) ventures—has further strengthened our industry presence. This collaboration has attracted an investment of $300 million, marking a major milestone.
Hongshi Cement’s production capacity of 6,000 tonnes per day stands as a testament to its excellence in cement manufacturing. Through strategic investments in leading cement companies like Hongshi Cement, we have contributed significantly to the expansion and self-sufficiency of Nepal’s cement sector. Our focus remains on ensuring the availability of high-quality cement, reducing dependence on imports, and supporting the nation’s broader development goals.
Driven by innovation and a commitment to 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 long-term growth and self-reliance of Nepal’s cement sector.