# Abay Cement Factory to build 2.5mn ton/year plant in Ethiopia

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.

- Type: New facility
- Announced: 2020-05-18
- Where: Degen area, Amhara Region, Ethiopia, Ethiopia
- Value: $262.0M
- Jobs: 1,500
- Starts operating: 2021
- Status: under construction
- Capacity: 2.5 million tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Abay Industrial Development Association](https://endata.com/companies/47299.md)

## Sources

- [newbusinessethiopia.com](https://newbusinessethiopia.com/manufacturing/abay-to-boost-ethiopias-cement-by-2-5-million-tons/), 2020-05-18: "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."

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