Work Begins On New Cement Plant President John Dramani Mahama - TopicsExpress

Work Begins On New Cement Plant President John Dramani Mahama on Wednesday cut the sod for the construction of a 60-million euro cement plant in Tema. It will produce one million tonnes of cement in a year. Located in the Free Zones enclave, the project is being executed by Cimaf Ciments de LAfrique, a subsidiary of the Addoha Group of Morocco. Construction work will take 18 months to complete. Speaking at the ceremony, President Mahama expressed the hope that the completion of the project would help stabilize the price of the product on the market. Addoha has signed a memorandum of understanding (MoU) with the government for the construction of 10,000 social housing units over seven years, totaling about €250 million. It will also construct schools, clinics, playing fields, places of worship, among other projects, in the long term. The cement project will give direct and indirect jobs to 1,200 people. The project is part of the developer’s objective to partner the Ghana government to provide low-priced social housing for the people. The cement plant would be managed by Ghanaian expertise.

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