Connect with us


DEVKI Group Unveils Plans for $60 Million Cement Plant in Mbarara District



Spread the love

DEVKI Group, the force behind National Cement Limited, has disclosed its intention to establish a second plant in Mbarara District, reinforcing its commitment to serving clients in Uganda and East Africa. The new plant, boasting a capacity of 1.5 million tonnes per annum and an investment of $60 million, is set to increase National Cement’s Uganda capacity to 3.5 million tonnes.

Expected to be operational by the close of 2024, the Mbarara plant is a significant stride in DEVKI Group’s mission to enhance affordability and accessibility of cement products in the region. This expansion follows the existing 2 million tonnes per annum plant in Tororo.

With the upcoming commissioning of a new 6000-ton-per-day clinker plant in West Pokot, Kenya, in December this year, National Cement aims to provide cement at more economical prices to its customers.

betPawa Launches ‘Boda-boda Road Safety Campaign’ for Safer Commuting in Kampala

The Tororo plant, inaugurated by President Yoweri Museveni in August 2018, has already contributed to a reduction in cement prices nationwide. The Mbarara plant is poised to further enhance accessibility and affordability, particularly in Western Uganda and the Democratic Republic of Congo. National Cement aspires to reduce prices by a minimum of 25% by 2025.

Lokesh Kumar, the CEO/Operations, expressed the company’s commitment to its long-term vision. Kumar stated, “Through such projects, we bring down cement prices, contribute to the growth of the economy, create more jobs, and drive opportunities through the construction industry.” The plant is expected to directly employ 700 people and create additional indirect employment opportunities.

See also  Expert-Approved Backyard Home Improvement Tips: Boost Property Value, Make and Sell from Home, and Prepare for a Top Dollar Sale

Axiom Zorn Triumphs at Alpha Pitch Competition during Africa Fintech Summit

The groundbreaking ceremony for the Mbarara plant is scheduled for early 2024, with plans for production to commence in the same year.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2024