HNX

Friday, 31/08/2012 16:22

SDA: Information on Investment project

Song Da SIMCO JSC announces information on Investing, exploring and processing Marble – Nayputaung mine, Rakhine state, Myanmar project as follows:

-       Name of the foreign established company: Myanmar SIMCO Song Da Limited Joint Stock Company (MYSICO)

-       Address: 99A/2.2 Thanlwin road, Kamayuy district, Yanggon region, Myanmar

-       Name of the project: Investing, exploring and processing Marble – Nayputaung mine, Rakhine state, Myanmar

-       Site of the project: Nayputaung mine, Taunggok town, Rakhine state, Myanmar

-       Investment Certificate: No. 335/BKHDT-DTRNN-DC1 dated 17/08/2012

-       Operating tagets: exploring and processing marble at Nayputaung mine, supplying block and devitrified stone for export;

-       Area: 2.3703 km2

-       Deposit: 87,000,000 Tón

-       Factory area: 30,000 m2

-       Productivity: 30,000m3 block stone/year and 100,000 m3 devitrified stone/year

-       Total of investment: $ 18,147,000

-       Completion of the project: 25 years.

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