# Derba MIDROC Cement plans 2.74Mt/yr cement plant in Oromia, Ethiopia

Derba MIDROC Cement announced plans to build a 2.74Mt/yr cement plant in Mughar Valley, Oromia, Ethiopia, with an investment of US$500 million. The company expects to sign a contract with China National Building Material (CNBM) for construction.

- Type: New facility
- Announced: 2023-06-27
- Where: Mughar Valley, Oromia, Ethiopia
- Value: $500.0M
- Jobs: 3,000
- Status: announced
- Capacity: 2.74 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Derba MIDROC Cement](https://endata.com/companies/66847.md)
- [China National Building Material Group](https://endata.com/companies/20207.md) (partner)

## Sources

- [globalcement.com](https://www.globalcement.com/news/16580-derba-midroc-cement-announces-plans-for-2-74mt-yr-mughar-valley-cement-plant), 2023-06-27: "Derba MIDROC Cement is reportedly ready to sign a contract with China National Building Material (CNBM), for the latter to commence construction of Derba MIDROC Cement's 2.74Mt/yr Mughar Valley cement plant in Oromia."

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