Chinese companies to invest $ 60 million to build a cement plant completed and commissioned in Congo
Category: News
Author: Pauline Carter
Time :12-19

"Brazzaville News Daily" reported on December 6, December 4, the Congolese Minister of State, Minister for the Promotion of industrial development with the private sector, Isidore • Mvouba attended the Congo Niari province held a second Cement sales launch ceremony. Mvouba that the new product will further cement plant in the country just to meet domestic market demand.

The cement plant built by China Xinguang International Investment. Xinguang, general manager of the international media conference introduced the Road, Xinguang International Group was established in March 30, 2011, cement plant started in April 2012, a total investment of 34 billion CFA francs (U.S. $ 68 million), capital Xinguang International are raised. Currently, a total of just local cement plant employs 120 people, the Chinese staff of 60.

Cement plant to start production on November 16, 2013, daily production of nearly 1,000 tons of high-quality cement production capacity of about 280,000 tons per year. Xinguang International general manager claimed their cement cheap and good quality, can be used for the construction of highways, railways, buildings, dams, bridges and tunnels, 32.5PC types of cement ex-factory price of 70,000 CFA francs per ton, 42.5PC model factory price of 80,000 CFA francs per ton.

It is understood that between Brazzaville SONNOC brand cement is currently priced at between 135,000 to 140,000 CFA francs per ton, imported from China Golbert brand cement price from 160,000 to 170,000 CFA francs per ton, cement prices seen Xinguang International the advantages, which will enter the market in a certain extent, reduce the overall price of just cement market.

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