Ohorongo credits growth to infrastructure and exports

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Namibia: Namibia's sole cement manufacturer, Ohorongo Cement, has said that 2015 has thus far seen tremendous results compared to all of its previous years. It started production in 2011.

Managing director Hans-Wilhelm Schutte attributed the much-improved performance to an increase in infrastructure projects by both the government and the private sector, as well as export inroads made in neighbouring countries. Schutte admitted that initial sales were 'extremely tough,' but was quick to add that the plant, which cost US$203m, has been running perfectly since comissioning and expects both local and regional sales to grow.

"Since 2011 we have improved significantly. Towards the second half of 2013 things really started picking up and 2014 saw us doing really well in terms of sales," said Schutte. He noted that large infrastructure projects such as NamPort's port expansion and the Neckartal dam have made notable contributions to Ohorongo's performance.

Last modified on 03 June 2015

URL: https://globalcement.com/news/item/3680-ohorongo-credits-growth-to-infrastructure-and-exports

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