Chinese investors spend US$700 million on building a cement factory in Mozambique

Chinese investors will spend US$700 million to build a cement plant with a nominal capacity of 500,000 tonnes in Mozambique, with work expected to start in 2021, daily newspaper Correio da Manhã reported.

The newspaper said that the Cimentos de Sofala, Lda. plant is due to be built in Muxúnguè, Chibabava district, in the south of the Mozambican central province of Sofala, and the works will begin in the third quarter of 2019.

Zheng Peng, the company’s representative, told the newspaper that the investors plan to supply the local market with Portland cement, in addition to exporting the product to neighbouring countries Malawi and Zambia.

The construction of the factory is expected to require 600 workers, mostly Mozambicans, and when in operation the unit should have a workforce of 200 people.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top