Hengya Cement

Sinoma International Engineering Co. Ltd. and its subsidiary Hengya Cement Co. Ltd. plan to construct a $1 billion cement plant and power station in Tanga, Tanzania. The factory will produce 7 million tons of cement annually, with 70% for export.

Sinoma International Engineering Co. Ltd. and its subsidiary Hengya Cement Co. Ltd. received permits to build a $1 billion cement factory and 1.2 GW power plant in Tanga, Tanzania. The factory will produce 7 million tons of cement annually, with 30% for domestic use and 70% for export. Construction was originally announced in early 2017.

Sinoma and Hengya Cement plan to build a new 7Mta cement plant in Tanzania as part of a US$2.35bn Chinese investment over 10 years, with US$1bn invested in the first five years.

Hengya Cement, a subsidiary of China's Hengyuan International Engineering Group, announced it will build a new cement plant in Tanga, Tanzania. The initial phase will cost US$1bn, with construction expected to start in May 2017.