Zambia’s $500mn cement/thermal power plant

ZCCM Investments Holdings of Zambia will partner with private investors to build a cement factory and a 52MW thermal power plant costing US$500 million (€444.17 million) in Ndola. The company will allocate 30-35MW from the power station for the cement plant and sell the remaining electricity to Zambia Electricity Supply Corporation (ZESCO). The two projects are expected to provide more than 1,000 job opportunities.
February 18, 2016 Read time: 1 min

ZCCM Investments Holdings of Zambia will partner with private investors to build a cement factory and a 52MW thermal power plant costing US$500 million (€444.17 million) in Ndola.

The company will allocate 30-35MW from the power station for the cement plant and sell the remaining electricity to Zambia Electricity Supply Corporation (ZESCO).

The two projects are expected to provide more than 1,000 job opportunities.

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Located in Mugher District, about 85km from the capital Addis Ababa, there are indications that the government and the people of Ethiopia are excited about the completion of the project and the economic prospects of having such a huge company in that area of the country.

The plant will initially produce 2.

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