(Anglola) — Angola will soon attain self sufficiency in the production of cement with the construction of the six new cement factories that will be completed by 2013. This was announced by the national director for construction materials, Manuel Victo.
“The cement factory units will be built in the provinces of Bengo, Benguela and Luanda,” Victor said.
With these six cement factories, Angola will not only meet its domestic demand for cement but also export it to other countries.
The first stone of construction of the “Palanca Cimentos” factory was laid in Lobito municipality. The “Palanca Cimentos” project will cost an estimated US$430 million.
The factory is being constructed by the consortium made up of Grupo Gema (Angola), with a 40 percent stake, Escom (Portugal), with 30 percent and Camargo Correa (Brazil), with 30 percent. The construction is expected to take 36 months.
The factory will produce 1.2 million tons of cement per year and create around 55o new jobs. It will increase its production to 1.6 million tons at full capacity.
By: Rashmi Kalia (ARI-C NEWS)