East African Portland Cement Ltd. plans to start building a 10 billion-shilling ($125 million) cement factory in Uganda next year, the Standard reported, citing Chairman Mark ole Karbolo.
East African Portland Cement, which is based in Nairobi, Kenya, needs shareholder approval before starting construction of the plant, which is also expected to supply cement to Rwanda, Southern Sudan and the Democratic Republic of Congo, the Nairobi-based newspaper reported.
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