ZCCM-IH and SinoConst sign agreement for $480M cement plant in Masaiti, Zambia

ZCCM-Investment Holdings signed a shareholders' agreement with China Machinery Construction Group (SinoConst) to develop a US$480 million cement plant in Masaiti, Zambia, with a production capacity of 2.1 million tonnes of cement annually and creating about 1,000 jobs.

“ZCCM-IH will hold 35 percent of the shares in CAC while SinoConst will hold the remaining 65 percent.”zccm-ih.com.zm

• 1 source
• zccm-ih.com.zmZCCM-IH, Chinese firm sign agreement - ZCCM Investments Holdings PlcAug 6, 2018

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