ISLAMABAD, July 1: Encouraged by the rising cement demand and higher GDP growth rate prospects, DG Khan Cement Company (DGKCC) is putting up the country's largest cement plant at Khairpur in Chakwal District with a capacity of 6700 tons per day.

The Project would be completed with an investment of Rs9,000 million. Over 47 per cent of this amount will be used to import a state-of-the-art environment-friendly plant from Denmark.

The remaining 53 per cent investment would be in local currency, which is expected to generate sizeable economic activity in the country. A spokesman of DGKCC, here on Wednesday said the reason to adopt Danish plant was that it meets the European environment standards to control dust and gases emission.

He said: "We even got an ISO 14000 certification for Environment Standards and the plant also meets the World Bank environment standards." Khairpur Cement plant is the biggest green-field investment undertaken by private sector in Punjab since the revival of economy in the country, he said.

This heavy investment in an underdeveloped area is expected to provide employment and prosperity to thousands of people directly and indirectly during the construction and after the completion of the project. -APP