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Abay Cement Factory, by Abay Industrial Development Association, is constructing a new cement plant in the Amhara Region of Ethiopia with an investment of 8.8 billion birr ($262 million). The plant will have a capacity of 2.5 million tons per year and create 1,500 jobs, with construction 60% complete and operations expected to start in 2021.
“With an investment of 8.8 million birr (about $262 million), Abay Cement Factory is set to boost Ethiopia’s annul cement production capacity by 2.5 million tons.”newbusinessethiopia.com
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