# Sino Zimbabwe Cement secures funding for $50M brick and tile plant in Gweru

Sino Zimbabwe Cement has secured funding for a $50 million brick and tile manufacturing plant in Gweru, Zimbabwe. The project, a joint venture with the Industrial Development Corporation of Zimbabwe, is expected to create 200 jobs and produce 60 million bricks annually.

- Type: New facility
- Announced: 2017-03-05
- Where: Gweru, Zimbabwe
- Value: $50.0M
- Jobs: 200
- Status: announced
- Capacity: 60 million bricks per year
- Products: bricks, tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sino Zimbabwe Cement Company](https://endata.com/companies/22632.md)
- [China National Materials Group Corporation](https://endata.com/companies/22633.md) (investor)
- [China Building Materials Corporation](https://endata.com/companies/22634.md) (investor)
- [Industrial Development Corporation of Zimbabwe](https://endata.com/companies/22635.md) (partner)

## Sources

- [zimbabwesituation.com](https://www.zimbabwesituation.com/news/zimsit-m-sino-secures-funding-for-50m-tile-and-brick-plant/), 2017-03-05: "We have a new investor whom we are negotiating with so that they can fund the project."

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