Speaking to reporters in Chennai Varun Manian, director, NAPC,said that the company has also signed a manganese ore mine project in Laos, Cambodia. The project worth is about Rs 60 crore. "Initially we are expecting Rs 110 crore revenue every year from the iron ore project in Thailand and Rs 30 crore from manganese ore project in Cambodia."
In Thailand, the two mines are located in Wang Pong and Pa Tong spread over 5000 acres and 2000 acres respectively. When the project starts it will create 1000 jobs for the local Thai population, besides providing off shore works to around 80 NAPC engineers, said Manian.
NAPC will invest Rs 1400 crore in the next two to three years on various infrastructure projects especially road construction projects, which contributes 65 per cent of compa
