Taiwan Cement's new factory in Anshun, in southwestern China's Guizhou province, was launched Tuesday.
The Anshun factory will have two production lines and its annual production will be 4 million tons after the construction is fully completed at the end of the year.
Taiwan Cement Chairman Leslie Koo said since the company began to invest in mainland China in 2004, its businesses have expanded to 10 provinces.
"Guizhou, located in southwestern China, has a major role in mainland China's western region development project," he said.
He estimated that the company's cement production capacity could reach 55 million tons by the end of the year. Working with mainland China's 12th five-year plan, he predicted Taiwan Cement's production capacity could reach 100 million tons in five years.
He said that Taiwan Cement used to set up factories in southern mainland provinces such as Guangdong and Guangxi, and this was the first time that it has landed in a southwestern Chinese province.
Guizhou Vice Governor Sun Guoqiang and other Chinese ranking officials
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