Maputo, Mozambique, 12 April – Construction of three cement factories in Mozambique’s Maputo province – in Matutuine, Boane and Magude – is expected to lower cement prices in Mozambique, a source from the provincial government told Macauhub.
The Matutine and Boane factories are expected to be concluded in 2012, whilst the Magude factory so far has no date set for its conclusion.
The Salamanga cement factory, located in the Matutuine district, construction of which began in 2012, has the involvement of Chinese businesspeople from the CIF MOZ LDA group, Covers an area of 410,000 square metres and is set to produce 800,000 tons of Portland cement per year.
For the first phase of work investment is estimated at around US$72 million and around US$58 million will be applied to construction of the factory and the remainder to operating a limestone quarry.
The Boane factory is located in the Beloluane Industrial Park, next to the Mozal aluminium foundry, and represents an investment of US$100 million by the GS-Cimento, SARL group.
When it goes online in the second half of 2012, the factory, which covers an area of 760 hectares, is expected to produce around 550,000 tons of Portland cement per year.
The third cement factory, with an area of 80 hectares, and which belongs to Africa Great Wall Cement Manufacturer LDA is located in Chichuo, 11 kilometres from Magude.
The Magude factory will produce 500,000 tons of cement per year and represents an investment of US$78 million. (macauhub)