# Central African Cement Company and Sinoma CBMI to build $480M cement plant in Ndola

Central African Cement Company and Sinoma CBMI have signed an agreement to set up a cement factory in Ndola, Zambia, at a total cost of $480 million. The plant will produce 2 million tons of cement per year and create 1000 jobs during construction. Construction will commence in April 2019.

- Type: New facility
- Announced: 2018-12-04
- Where: Ndola, Zambia
- Value: $480.0M
- Jobs: 1,000
- Starts operating: Apr 2019
- Status: announced
- Capacity: 2 million tons of cement per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Central African Cement Limited](https://endata.com/companies/29588.md)
- [Sinoma CBMI](https://endata.com/companies/35892.md) (partner)
- [ZCCM-IH](https://endata.com/companies/35893.md) (investor)

## Sources

- [lusakatimes.com](https://www.lusakatimes.com/2018/12/04/new-cement-factory-to-be-set-up-in-ndola/), 2018-12-04: "Central African Cement Company and Sinoma CBMI have signed an agreement to set up a cement factory in Ndola at the total cost of 480 Million United States Dollars."

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