# Worku Ayetenew plans US$1bn cement plant in Ethiopia

Ethiopian investor Worku Ayetenew plans to build a US$1bn cement plant called WA Cement Factory near Dejene town in Amhara National Regional State. The project manager expects construction to be completed in two years.

- Type: New facility
- Announced: 2022-08-24
- Where: Dejene town, Amhara National Regional State, Ethiopia
- Value: $1.00B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [WA Cement Factory](https://endata.com/companies/64893.md)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/173319/ethiopian-investor-plans-us-1bn-cement-plant.html), 2022-08-24: "We have already finalised preparations to complete the construction in the next two years."

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