Dangote Group a multi-billion dollar company has revealed plans to investing over US$100m towards the construction of a new cement plant in the Western regional of Ghana by the end of 2016.
The facility will be located in Takoradi the region’s capital. The cement plant project will be the company’s second investment project since its entry in Ghana a few years back. The plant will be constructed with its own power generation plant.
According to Tor Nygard, Dangote Ghana Managing Director, the plant will be capable to produce over 1.5million tonnes of cement in line with the company’s strategy to expand and meet the growing demand in Ghana and across West Africa.
Mr. Nygard further revealed the company’s plans to construct more cement plants in Takoradi. The new plants will offer grinding services hence encourage the importation of clinker to be grinded. Mr. Nygard is optimistic with the cement market and the company is ready for competition.
“We are not afraid of the competition,” said Nygard “Customer service and customer focus are very important to us. The most important for us is the electricity supply and we are actually seeing an improvement in this lately,” he added.
However, Joseph Abor, Dangote Ghana Marketing Manager has warned that, cement industry in Ghana may collapse if steps are not taken by government to address the low quality bagged cement, imported from China into the country.
The Dangote Group is one of the most diversified business conglomerates in Africa. The group has earned a reputation for excellent in business practices and products’ quality. The group has its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
Besides cement manufacturing, the group also manufacturers, refines, milling the following products, noodles, flour and semolina, sugar, salt, pasta and poly products. The group is also into logistic services as well as real estates.