Atlantic Group to receive tax breaks for proposed cement plant in Cameroon

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Cameroon: A subsidiary of Ivory Coast-based Atlantic Group has signed an agreement with the Cameroon Investment Promotion Agency giving it tax incentives towards building a new cement plant. It plans to build a 1Mt/yr cement plant in the Port of Kribi, according to Business in Cameroon. Construction work on the plant is scheduled to start in 2021 with completion by 2024 at the latest. The project has an investment of around US$70m. Atlantic Group inaugurated the 1.5Mt/yr Société Ciment Côte d'Ivoire (SCCI) near Abidjan, Ivory Coast in January 2021.

Last modified on 06 August 2021

URL: https://globalcement.com/news/item/12816-atlantic-group-to-receive-tax-breaks-for-proposed-cement-plant-in-cameroon

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