0359 GMT February 25, 2020
According to a report released by Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) on Monday, the factory, which was on trial production for three months, has an annual output capacity of one million tons, imidro.gov.ir reported.
Mehdi Karbasian, the managing director of IMIDRO and José David Cabello, the Venezuelan industry minister are to attend the inauguration ceremony.
The plant is located in the municipality of Piar in the Venezuelan state of Monagas. Built at a cost of €273 million, the plant was constructed by the Iranian company Ehdasse Sanat.
Thirty Iranian engineering companies participated in the construction of the plant.
After launching the crusher and cement mill departments of the project in November, the cement kiln department of the factory, as the plant's most important unit, successfully went on stream.
The plant is strategically located near a limestone quarry with reserves for about 100 years.