# Residence Cement to build $1.5 billion cement factory in Bauchi, Nigeria

Residence Cement Company will establish a cement factory in Gwana district, Bauchi State, with a $1.5 billion investment. The factory will produce 10 million tons of cement annually, with construction starting in Q1 2025.

- Type: New facility
- Announced: 2024-08-12
- Where: Gwana, Alkaleri, Bauchi State, Nigeria
- Value: $1.50B
- Starts operating: Q1 2025
- Status: announced
- Capacity: 10 million tons per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Residence Cement Company](https://endata.com/companies/79124.md)

## Sources

- [leadership.ng](https://leadership.ng/bauchi-to-establish-1-5bn-cement-factory-at-gwana/), 2024-08-12: "Residence Cement Factory has resolved to invest $1.5 billion in establishing the Gwana cement factory, which would commence in the first quarter of next year, 2025."

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