Mali: Mohamed Ali Ibrahim Ag, the Minister of Industrial Development, and the CEO of Gaia Equity have signed an agreement to build a 1.5Mt/yr cement plant at Guinbané for US$330m. The project will create 400 direct jobs and 500 indirect jobs, according to the Mali Jet news website. Gaia Equity will be supported by Chinese company Sinoma in the construction of the plant. The plant is expected to ease the country’s 2Mt/yr demand for cement.
Mali government signs agreement to build 1.5Mt/yr cement plant
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