Savannah Cement signs $300M deal with Simona for clinker plant

Savannah Cement has signed a Sh37.8 billion ($300 million) deal with Chinese company Simona to build a clinker manufacturing plant and a cement factory in Mwingi North, Kitui County, Kenya. The cement plant will be completed within months, while the clinker unit will be completed in about two years.

“Savannah Cement is set to embark on its most ambitious expansion project in many years after striking a Sh37.8 billion ($300 million) deal with Chinese company Simona.”constructionkenya.com

• 1 source
• constructionkenya.comSavannah Cement Inks Sh38bn Deal with Chinese Firm | CKPeter LugariaDec 9, 2022

Summarized from public sources; check the original articles before acting on it.