M a r k e t N e w s
Cote d'Ivoire: Dangote Constructs U.S.$200 Million Cement Plant
Posted on : Saturday, 9th April 2016
Lagos — 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 more than double 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.
Source : allafrica.com
