Wednesday, June 18, 2014

ZIMBABWE:Lafarge plans USD 250m cement factory

Lafarge, the French cement, aggregates and concrete multinational, may invest up to USD 250m in building a new cement plant in Zimbabwe, The Herald reported on 17 June.

The report cited Amal Tantawi [chief executive of Lafarge Cement Zimbabwe], who said that the search was continuing for feasible limestone deposits and for a suitable location for the factory.

According to Tantawi, Lafarge has budgeted for the plant as part of its sub-Saharan Africa spending.

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