Portland Cement Malawi to build $50M cement plant in Balaka

Portland Cement Malawi, a subsidiary of Huaxian Cement, will construct a new 800,000 tonnes per annum cement plant in Balaka district, Malawi, with an investment of approximately K200 billion ($50 million). The project is expected to be completed by September 2025.

“We hope the project will generate approximately $15 million annually through cement exports and contribute about K15 billion in tax revenue and K500 million in mining royalties each year.”portlandcement.co.mw

• 1 source
• portlandcement.co.mwPortland Cement’s new plant to enhance local production - Portland Cement Malawi LimitedJul 25, 2024

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