Tanzania: Industry, Trade and Investment minister Charles Mwijage says that senior officials from the Treasury and Tanzania Investment Centre (TIC) are finalising talks with China’s Sinoma and Hengya Cement about building a US$1bn cement plant in the Mkinga District, Tanga Region. The discussions are focusing on incentives to be offered to the investors and the location of a jetty, according to the Citizen newspaper. The plant will have an initial cement production capacity of 2.5Mt/yr with an eventual target of 7Mt/yr following further investment. Future plans also include generating 1200MW of electricity at the site. The overall cost of the expanded project is forecast to be US$2bn.
Tanzania government in talks with Sinoma and Hengya Cement to build US$1bn plant
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
Acquisition
Cemex
China
CO2
coronavirus
decarbonisation
Export
France
Germany
Government
grinding plant
HeidelbergCement
Holcim
Import
India
Investment
LafargeHolcim
Mexico
Nigeria
Pakistan
Plant
Product
Production
Results
Russia
Sales
Sustainability
UK
Upgrade
US
| « | November 2024 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | |
