Dangote Cement Plc is
deepening its Pan-African expansion drive with the commencement of construction
of a new 3-million metric ton per annum capacity cement grinding plant in Cote
d'Ivoire.
The new project is coming
just as the company announced the ground breaking of a new 6-million metric ton
per annum Greenfield cement plant in Okpella, Edo state and commencement of
work on a 6-million mtpa capacity plant in Itori, Ogun State.
Dangote Group Executive
Director, Strategy, Projects and Portfolio Management, Mr. Devakumar Edwin,
while making the disclosure in Lagos yesterday, said the Cote d'Ivoire project
would cost the company $200m and would be completed in 18 months,
The project has aroused a
lot of interest from both the government and people of Cote d'Ivoire.
The grinding plant, made
up of two lines of 1.5 million metric tons capacity each, when completed, will
double more than the total capacity of local cement production in the
francophone West African nation, as the plant would raise total local cement
production capacity of the country by over 100 per cent.
No comments:
Post a Comment