Hengya Cement to build $1bn cement plant in Tanga, Tanzania

Hengya Cement, a subsidiary of China's Hengyuan International Engineering Group, announced it will build a new cement plant in Tanga, Tanzania. The initial phase will cost US$1bn, with construction expected to start in May 2017.

“The Chinese investors' move is recommendable as it meant to meet country's cement demand as well as making the products is available at a relative low price.”cemnet.com

• 1 source
• cemnet.comHengya Cement gives green light to US$1bn Tanzania investmentICR NewsroomMar 1, 2017

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