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News Amsons Group plans significant investments in Tanzania and Kenya

Amsons Group plans significant investments in Tanzania and Kenya

Written by Global Cement staff 01 November 2024
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Tanzania/Kenya: Amsons Group will build a US$320m cement plant in northern Tanzania's Tanga area with a production capacity of 5,000t/day, Bloomberg reports. The company also plans to implement a major upgrade at the recently acquired Mbeya Cement in Tanzania, including a new grinding mill, according to Capital News Kenya. Additionally, Amsons plans to invest US$400m in Holcim’s Kenyan subsidiary Bamburi Cement, contingent on its successful US$180m bid.

Edha Nahdi, managing director at Amsons Group, said "Thanks to the support of the Tanzanian and Kenyan governments, our regional expansion plans are now firmly on course. We plan to be one of the largest cement manufacturers in Kenya and Tanzania by 2030."

Last modified on 06 November 2024
Published in Global Cement News
Tagged under
  • Tanzania
  • Kenya
  • Amsons Group
  • Bamburi Cement
  • Expansion
  • Investment
  • Plant
  • Upgrade
  • GCW684
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