Cimaf eyes Third Cement plant in Bouake, Côte d’Ivoire
Posted on : 18 Jan, 2017
West Africa’s cement markets are expected to grow as construction demand makes a comeback in the region. As a matter of fact Morocco’s cement giant Ciments de l’Afrique (Cimaf) is all set to start a new plant in Bouake, Côte d’Ivoire.
Estimated to cost €20 million, the new cement plant will be Cimaf’s third production site in the country. With the new plant, Cimaf is aiming to produce 350,000 tons of cement per annum – which can establish it as the biggest cement producer at 2.3 million tons.
Earlier in 2016, Cimaf had announced its second cement plant at San Petro, near the port of Abidjan. Its first plant is also located in the capital – Abidjan.
Cimaf is already in the process of acquiring land for the new plant in Bouake.
Bouake is chosen as the location for the new plant as it is the primary business hub for Côte d’Ivoire. Africa’s Dangote Cement is another key player eyeing the Bouake region. Dangote is planning investments of approximately $229 million in the region too.
Cimaf also has a large footprint in Africa across Burkina Faso, Ghana, Guinea Conakry, Gabon, and Cameron. Besides, the Moroccan cement giant is also hopeful of procuring operating licences in Congo Brazzaville and Mali.
More Côte d’Ivoire’s and Africa’s cement market updates will be available at CMT’s 9th Africa CementTrade Summit in Abidjan on 4-5 April, 2017.
Contact Ms. Grace Oh at email@example.com or call +65 6346 9147 for more information about the event.