SCIROCCO Enterprises Limited has entered into an agreement with a consortium to construct a state of the art cement factory in Lusaka’s Makeni area at cost of US$200 million.
Scirocco Enterprise managing director Moustafa Saadi said at a press briefing in Lusaka yesterday that the modern cement factory will have the capacity to produce 2,500 tonnes of cement per day.
Mr Saadi said the company has been incorporated in Zambia and it will be known as Amaka Cement Industries Limited.
He said Scirocco has entered into an agreement with a Chinese firm and an international funder to carry out the multi-million dollar project.
“The agreement has been signed and feasibility study is being undertaken to establish the viability of the project. As soon as the exploration work that needs to be carried out is finalised, environmental impact assessment will be carried out to comply with the prevailing laws.
“We expect that the process can be concluded quickly without any undue delays. We are looking forward to the support of our community and various government institutions to facilitate the process in order to begin the physical work,” Mr Saadi said.
The factory that we will be put up will be a modern and efficient one that will exceed all the environmental regulations in Zambia and will have a positive impact on the economy of the area and the nation as a whole.
He said construction of the plant is earmarked to start in September this year and it is expected to be completed by 2017.
Mr Saadi said Amaka Cement Industries will be producing two grades of cement for local and international markets.
He said over 500 people will be engaged during the construction period while 200 people will be employed on a full time basis once production starts.
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