Readership NG

…dishing veracious news, events and analyses

Dangote Signs $800m Cement Expansion Deal

In a move that will double the facility’s production capacity from six million to 12 million metric tonnes annually, Dangote Industries Limited has signed a Memorandum of Understanding (MoU) valued at over $800 million with Sinoma International Engineering Co. Ltd. to expand the Dangote Cement plant in Itori, Ogun State.

Once completed, the project is expected to reinforce Nigeria’s status as one of Africa’s leading cement-producing and exporting nations.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Readership NG © 2024 All Rights Reserved | Newsphere by AF themes.