GKE Corp to invest 48m yuan to build China cement plant

Singapore

LOGISTICS solutions company GKE Corp said its wholly owned subsidiary, Wuzhou Xing Jian Readymix Co (Wuzhou), will invest 48 million yuan (S$9.7 million) to construct a ready-mix cement plant in Cenxi City, China.

Wuzhou, which manufactures and supplies ready-mix cement products, entered into the construction agreement with the municipal government of Cenxi City on April 25, 2019, said GKE in a statement on Monday.