Afran : INVESTORS UNVEIL KSH17B CEMENT FACTORIES
on 2010/6/16 12:32:29
Afran

The rush for limestone exploitation in West Pokot District has intensified. Cemtech Shanghai, a leading Indian cement manufacturer yesterday started its groundbreaking of a Ksh7 billion cement factory.

The chase for the bare and agricultural barren soils of Ortum and Sebit has attracted investors after feasibility studies indicated limestone deposits could sustain a cement factory for more than 50 years. Cemtech secured 650 acres of land at Sebit after payments running to million of shillings.
Mehta Group, another firm also after the raw material for cement production, has hinted plans to set up a Sh10 billion factory at Ortum, barely a stone throwaway from Sebit, the site of Cemtech’s plant.

The groundbreaking ceremony was graced by Prime Minister Raila Odinga assisted by Cemtech Group Chief Executive Rajesh. Excitement and anxiety was noticed in the area with residents led by Industrialisation Permanent Secretary John Lonyangapuo supporting the project.

The project is expected to be operational by December next year and would employ 2,000 people directly and benefit more than 5,000 others indirectly. According to Rawal, the project is expected to produce 1.2 million tonnes of cement annually. The firm also has plans to put up 25 MVA power plant at the site.


Previous article - Next article Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2023/7/22 15:36:35 - Uncertainty looms as negotiations on the US-Kenya trade agreement proceeds without a timetable
2023/7/22 13:48:23 - 40 More Countries Want to Join BRICS, Says South Africa
2023/7/18 13:25:04 - South Africa’s Putin problem just got a lot more messy
2023/7/18 13:17:58 - Too Much Noise Over Russia’s Influence In Africa – OpEd
2023/7/18 11:15:08 - Lagos now most expensive state in Nigeria
2023/7/18 10:43:40 - Nigeria Customs Intercepts Arms, Ammunition From US
2023/7/17 16:07:56 - Minister Eli Cohen: Nairobi visit has regional and strategic importance
2023/7/17 16:01:56 - Ruto Outlines Roadmap for Africa to Rival First World Countries
2023/7/17 15:47:30 - African heads of state arrive in Kenya for key meeting
2023/7/12 15:51:54 - Kenya, Iran sign five MoUs as Ruto rolls out red carpet for Raisi
2023/7/12 15:46:35 - Ambassador-at-Large for Global Women’s Issues Gupta Travels to Kenya and Rwanda
2023/7/2 14:57:52 - We Will Protect Water Catchments
2023/7/2 14:53:49 - Kenya records slight improvement in global peace ranking
2023/7/2 13:33:37 - South Sudan, South Africa forge joint efforts for peace in Sudan
2023/7/2 12:08:02 - Tinubu Ready To Assume Leadership Role In Africa
2023/7/2 10:50:34 - CDP ranks Nigeria, others low in zero-emission race
2023/6/19 15:30:00 - South Africa's Ramaphosa tells Putin Ukraine war must end
2023/6/17 15:30:20 - World Bank approves Sh45bn for Kenya Urban Programme
2023/6/17 15:25:47 - Sudan's military govt rejects Kenyan President Ruto as chief peace negotiatorThe Sudanese military government of Abdel Fattah al-Burhan has rejected Kenyan President William Ruto's leadership of the "Troika on Sudan."
2023/6/17 15:21:15 - Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms

The comments are owned by the author. We aren't responsible for their content.