GreenView International Company Ltd, a subsidiary of Dangote Group, has invested in a cement packaging plant in Ghana. The US$28 million plant has the capacity to produce 1 million tpa of cement and will help to meet the country’s 4 million tpa cement demand.
The Managing Director of the company, Mr Kwame Siriboe, said that the investment was part of the Group’s efforts to make cement more affordable in the region, and that the company is considering establishing a cement manufacturing plant in Ghana to add to its current 1.6 million tpa capacity already established in the country.
"The group has started the construction of another packaging plant in Takorde in the northern part of Ghana to remain competitive and to ensure that its customers have adequate access to the product…The aim is to up the company's production level to two million tonnes in Ghana,” Siriboe told press in Lagos. "If limestone with about 35 years life expectancy is found today, it will take the group about 18 months to start manufacturing cement in Ghana," he added.
Meanwhile, the Group has created a hub for exporting its bagged cement to Sub-Saharan Africa from subsidiary Dangote Bail Limited at Federal Ocean Terminal Onne in Port Harcourt, Nigeria. General Manager Operations, Mr Abdullahi Bada, told press that the Group hopes that its continuing investment in the region will improve self-sufficiency and allow the company to branch out to export markets.
"As local capacity increases in terms of production, what we are looking at here, at Dangote Bail Limited, is to become an export hub," he said.