Rwf54bn cement factory to be set up in Musanze

Rwanda’s sole cement maker, Cimerwa, could soon lose its monopoly following the impending entry of another local player, Prime Cement, that plans to construct a $65 million (about Rwf54 billion) cement plant in Musanze District, Northern Province.
Prime Cement promoter Alexis Bayigamba and FLSmidth's Anders Bech exchange documents after signing the deal yesterday in Kigali. (Photos by Nadege Imbabazi)
Prime Cement promoter Alexis Bayigamba and FLSmidth's Anders Bech exchange documents after signing the deal yesterday in Kigali. (Photos by Nadege Imbabazi)

 Rwanda’s sole cement maker, Cimerwa, could soon lose its monopoly following the impending entry of another local player, Prime Cement, that plans to construct a $65 million (about Rwf54 billion) cement plant in Musanze District, Northern Province.

The firm and FLSmidth Company, a Danish manufacturer and supplier of cement equipment, yesterday, signed a multimillion dollar equipment supply deal to kick-start the project that could more than double Rwanda’s cement production.

 
14913399882
  Alexis Bayigamba signs a document during the event. 

Gisele Bayigamba, the general manager Milbridge Holding, a consortium that owns Prime Cement, said operations will begin in the third quarter of 2018. Once completed, the plant will have production capacity of 700,000 tonnes of cement per year, according to Bayigamba.

 

Cimerwa has the capacity to produce 600,000 tonnes per annum at its $170 million (about Rwf126.7 billion) Rusizi plant, while the country’s cement needs stand at 450,000 tonnes annually. Therefore, the combined production will greatly support Rwanda’s export sector and help ease cost of cement locally.

 

Bayigamba said the plant would deploy the latest cutting-edge technologies in production to help reduce greenhouse gas emission.

During phase one of the project, a $65 million grinding unit will be put up, while the second phase will involve setting up of a fully integrated plant over a period of five years, she added.

14913400485
 Infrastructure Minister James Musoni (left) and FLSmidth's Bech during the event. 

Speaking at the event, Infrastructure Minister James Musoni said when implemented, the project will boost the country’s growing construction industry.

“The construction industry is expanding at a high speed and so the demand of construction materials has followed a similar trend. Therefore, this investment is a timely shot that will address this challenge,” he told The New Times.

14913400824
Alexis Bayigamba and FLSmidth's Anders Bech sign documents to seal the deal yesterday in Kigali.

He added that the investment would also contribute to Rwanda’s development goals as per the second Economic Development and Poverty Reduction Strategy targets.

Job creation and export promotion

The project is expected to create over 1,500 new jobs and boost the country’s forex inflows through cement export. This opportunity will also equip local workers with skills that will ensure sustainable incomes at household level.

14913401243
Gisele Bayigamba, the general manager Milbridge Holding speaks at the event. 

Anders Bech, the FLSmidth cement division president, said the new plant will make Rwanda more competitive in the region. It also puts Rwanda in a better position to promote locally-made construction materials, he added.

14913401836
Anders Bech addresses guests. 
14913403027
 Minister James Musoni (right) said that the cement plant will boost the country’s growing construction industry.

About Prime Cement

This a privately owned company that is part of the Milbridge holding a group of companies involved in the manufacturing  and construction materials trade in Angola, the United Arab Emirates, Rwanda and South Africa.

You want to chat directly with us? Send us a message on WhatsApp at +250 788 310 999    

 

Follow The New Times on Google News