Dangote Cement commissions Tanzanian plant
Published by Katherine Guenioui,
Editor
World Cement,
Dangote Cement has commissioned its 3 million tpy cement plant in Mtwara, Tanzania. The plant reportedly cost some US$600 million to build and will provide direct employment for about 1500 people and further indirect employment for some 9000 people. The new plant is located in Msijute in Mtwara Rural District.
The additional capacity brought to the market is expected to bring down cement prices in Tanzania, which currently range between Sh.12 500 – 13 500 per 50 kg bag. During the commissioning ceremony, Aliko Dangote, the company’s Chief Executive, expressed his intention to make Africa a cement export continent, rather than being import-dependent. The company has plans to be present in 18 countries, mostly across Africa but also in Nepal in Asia. The Tanzanian plant is the fourth to commissioned this year as part of the company’s expansion strategy, and it hopes to commission plants in Senegal and South Africa before the end of the year.
Mr Dangote has been praised by many for the investment he has put into Africa. A representative for the President of Nigeria spoke at the commissioning ceremony, saying that Africa is taking its destiny into its own hands rather than waiting on outside investment. In turn, Mr Dangote praised the government and people of Tanzania for providing an environment that enabled investment.
Edited from various sources by Katherine Guenioui
Sources:
Read the article online at: https://www.worldcement.com/africa-middle-east/12102015/dangote-cement-commissions-tanzanian-plant-751/
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