# Libya Cement Co launches EUR200M investment programme

Libya Cement Co announced a EUR200 million investment programme over five years to increase cement capacity from around 2Mta to over 3Mta. The Benghazi factory restarted production on March 7, 2019, and the Al Fataiah factory at Derna is being repaired with kiln B work underway.

- Type: Investment
- Announced: 2019-03-18
- Where: Benghazi and Derna, Libya, Libya
- Value: $226.0M (200.0M EUR)
- Jobs: 150
- Status: announced
- Capacity: 3Mta of cement
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Libya Cement Co](https://endata.com/companies/38073.md)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/166149/libya-cement-co-launches-eur200m-investment-programme.html), 2019-03-18: "Kilns are turning, mills are grinding, and trucks are rolling out the gates bringing cement to the people of Benghazi for the first time in five years."

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