# Dangote Cement to build second plant in Zambia, doubling investment

Dangote Cement announced plans to double its investment in Zambia to US$900 million by building a second cement plant. The existing Masaita plant, built at a cost of US$450 million with a capacity of 1.5 million tonnes per year, is scheduled to reach full capacity by end of 2024. The new plant is expected to be commissioned soon.

- Type: Expansion
- Announced: 2024-06-24
- Where: Masaita, Zambia
- Value: $900.0M
- Status: announced
- Capacity: 1.5Mta (existing plant)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Dangote Cement](https://endata.com/companies/19418.md)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/177232/dangote-ramps-up-investment-in-zambia-with-second-plant.html), 2024-06-24: "Dangote Cement has announced plans to double its investment in Zambia by building a second cement plant."

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