Nigeria's largest cement company, Dangote Cement
Dangote
Cement Plc has said it will increase local production in Cameroon
following the ban on importation of the product by the country’s
government.
This is coming on the heels of the
unveiling of the 42.5 cement grade in the Cameroonian market after the
inauguration of the company’s 1.5 million-metric-tonne capacity per
annum plant in Douala.
The firm said in a statement on Sunday
that the gesture of the Cameroonian government and the ban on
importation was a vote of confidence in the ability of cement
manufacturers in the country, especially Dangote Cement, to meet and
surpass local consumption demand.
The General Manager and Head of the
Cameroonian factory, Mr. Abdulahi Baba, was quoted as saying that the
three manufacturers of cement in the country were about surpassing local
consumption demand and that the management of Dangote was already
looking towards export prospects to neighbouring countries.
He noted that Cameroon, with a
consumption growth of eight per cent and local production of 2.9 million
metric tonnes per annum, the Dangote management was looking at export
potential to Chad, Central African Republic, Gabon, Equatorial Guinea
and Togo as well as future expansion.
“The company has put strategies in place
to achieve 30 per cent market share. There are also plans of achieving
30 per cent export of total production,” he said.
Baba added that demand was growing daily because of the infrastructure developmental efforts of the government.
He said, “We will take the advantage of
the ban on cement importation here in Cameroon. We have a structured
distributorship system in place and our route to market is very clear
and defined. We are building a jetty so that we are not held down but
have smooth distribution during congestion at the ports.”
credits;;punch
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