# 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.

- Type: New facility
- Announced: 2017-03-01
- Where: Tanga, Tanzania
- Value: $1.00B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Hengya Cement](https://endata.com/companies/22557.md)
- [Hengyuan International Engineering Group](https://endata.com/companies/22558.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/161220/hengya-cement-gives-green-light-to-us-1bn-tanzania-investment.html), 2017-03-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.