Connect with us

Business

Dangote invests $200m in Cote d’Ivoire cement plant

Published

on

Dangote to investing $12bn in planned refinery

Dangote is set to commit $200m in the construction of a new three million metric tonnes per annum capacity cement grinding plant in Cote d’Ivoire. This investment is being anchored by Dangote Cement Plc.

 

The new project is coming just as the company announced the groundbreaking of a new six million metric tonnes per annum Greenfield cement plant in Okpella, Edo State and commencement of works on a six 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, said the Cote d’Ivoire project would cost the company $200million and would be completed in 18 months.

 

The grinding plant, made up of two lines of 1.5 million metric tonnes 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.

 

Edwin disclosed further that upon completion, Nigerian experts would be deployed to carryout initial training of local manpower and skill transfer.

 

The project is being undertaken by Ayoki Fabricon, a mechanical and civil engineering company based in Pune, India. Tyssen Krupp, a German steel firm is also a sub-contractor.

 

The forthcoming Nigerian plants are expected to add 12 million metric tonnes per annum (mmtpa) to the company’s current local output of 31.25mmtpa, raising it to a total 41.25mmtpa.

 

Ripples Nigeria…without borders, without fears

 

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now