Dangote Cement signs deal to construct 11 new plants

Dangote Cement Plc signed a contract valued at $4.34 billion with Chinese firm, Sinoma International Engineering Co. Ltd, for the construction of 11 new plants, 10 of which would be located in Africa, and one in Nepal in Asia. When completed, the new projects are expected to add 25 million metric tonnes per annum (mmtpa) to the company’s existing capacity that stands at 46 mmtpa. 

Both companies signed the deal in Lagos in the presence of some of the Ambassadors of the African countries where the projects would be sited.
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