Turkey’s Limak Cement group Wednesday opened a cement factory in Matola outside Maputo, capital of Mozambique, during a ceremony attended by President Filipe Nyusi, local press reported.
The President said at the time that the inaugurated factory would contribute to price stabilization, in a scenario of high demand levels, given the rapid growth of the construction industry.
The factory, in which the Turkish group invested 50 million dollars, has an installed capacity to produce about 700 thousand tons of cement per year and employs 140 people, of whom 134 are Mozambican.
Filipe Nyusi also said in his speech that he hoped that with the entrance of other plants of the genre, Mozambique could produce about seven million tons of cement per year, allowing infrastructure works to exclusively resort to produced in the country.
The inaugurated plant also reflects, according to Nyusi, the participation of the private business sector in the implementation of the industrial development policy and strategy 2016-2025, which foresees the increase of the national capacity of production of building materials. (macauhub)