A Nigerian-owned firm, Dangote Industries Limited, is finalising preparations to set up a cement producing factory in Douala that will upon completion be producing one million metric tons of cement per annum. The company's Chief Operating Officer, Olakunle Alake, made the disclosure Tuesday March 29 after holding talks with Cameroon's Minister of Industries, Mines and Technological Development (MINIMIDT), Badel Ndanga Ndinga.
The meeting with Mr Ndanga Ndinga, he said, was to pursue discussions in view of the project. It was disclosed after the audience that Mr Olakunle Alake had earlier held similar discussions with officials of the Ministry of Trade.
"I wouldn't say now because we are also eager to come and start, but there is a process and we are sure that within the next couple of months, we should complete the paper work and take off with the project", Mr Olakunle Alake told the press."The project will have an effect in employment and other people involved in the chain of the business; suppliers, contractors and others", he said. Quizzed on when the project could take off, the Dangote Industries Limited Chief Operating Officer said the procedure to get the paper work done is on course.
According to the company's website, the Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products' quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria. It is involved among others in cement manufacturing and importation, sugar manufacturing and refining and salt refining.
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