Sinoma (Suzhou) Construction Company, a subsidiary of the Chinese Sinoma International Engineering, has signed a $112.5-million deal with Iraq-based investment firm Mass Iraq for the construction of a cement plant.
Both parties will build a cement plant with an annual capacity of 5,300 tons per day in Sulaymaniyah.
The scope of the deal includes the design, procurement, construction, installation, commissioning, trial production and the final examination by standard of the raw material storage to the whole production line.
The project is expected to take two years from the day the contract takes effect.
Sinoma International Engineering is engaged in manufacture and distribution of mechanical equipment, along with engineering and installation of cement production lines. The company operates its businesses in domestic and overseas markets.