According to reports, Lafarge Cement Zimbabwe has plans to invest US$200 million over the next 10 years on a new 1 million tpa cement plant. The company currently produces 450 000 tpa and has a market share of 38%. Demand in Zimbabwe is on the up, having increased by 10% in 2012.
Lafarge Cement Zimbabwe is buildings its brand via the new worldwide ‘Building Better Cities’ campaign as well as a local project to build low-cost, high-density housing. A recent column in the Zimbabwe Independent criticised the country’s infrastructure, claiming it has ‘progressively deteriorated over the last 15 – 20 years’:
‘Electricity supplies are subject to extensive load-shedding, often not in accordance with scheduled times advised by the Zimbabwe Electricity Supply Authority (Zesa), and worsened by occasional generation and transmission faults.’
The column goes on to state the ill effects this poor electricity supply has had on the economy in general, including agriculture, mining, business and the railways – putting more stress on Zimbabwe’s highways.
Earlier this year, PPC announced that its Zimbabwean subsidiary, Portland Holdings Limited, is to establish a new plant in Mashonaland province to serve Harare and central Mozambique. The plant will have a capacity of 1 million tpa.
Written by Katherine Guenioui.
Read the article online at: https://www.worldcement.com/africa-middle-east/18062013/lafarge_plans_1_million_tpa_plant_in_zimbabwe_10/