Cement industry: Dangote group to establish cement industry in Congo

Brazzaville, Congo - Nigerian businessman Aliko Dangote Thursday announced the plan by his company, the Dangote Group, to establish a cement industry in Madingou in Southern Congo.

Speaking after an audience with Congolese President Denis Sassou Nguesso in Brazzaville, Alhaji Dangote said the proposed firm would have the capacity to produce 1.5 to 2.5 million tonnes of cement per year.

He said the proposed cement factory represented an investment worth 2 billion FCFA, and that the necessary arrangement for the establishment had been concluded with the Congolese authorities.

It is expected that the cement factory will create many jobs and also reduce the country's national deficit in cement production.

'I think with this industry, there will be no shortage of cement in Congo. We'll be far beyond consumption for today and the years to come,' the Congolese Minister of Industrial Development and Private Sector Promotion, Rodolphe Adada, said.