# Bauchi State signs $1.5B MoU with Resident Cement for new cement plant

The Bauchi State Government signed a $1.5 billion MoU with Resident Cement Company to establish a cement production plant in Gwana District, Alkaleri LGA, Nigeria. The plant is expected to produce 10 million tonnes of cement annually.

- Type: New facility
- Announced: 2024-08-08
- Where: Gwana District, Alkaleri Local Government Area, Bauchi State, Nigeria, Nigeria
- Value: $1.50B
- Status: announced
- Capacity: 10 million tonnes of cement annually
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Resident Cement Company](https://endata.com/companies/79081.md)
- [Bauchi State Government](https://endata.com/companies/42952.md) (partner)

## Sources

- [independent.ng](https://independent.ng/bauchi-signs-1-5bn-mou-with-cement-company-for-new-plant/), 2024-08-08: "The Bauchi State Government has signed a Memorandum of Understanding (MoU) worth $1.5 billion with the Resident Cement Company, to establish a massive cement production plant in the state."

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