Gabon: CIMAF Gabon plans to invest US$222m in two projects to increase local production capacity and support the implementation of major infrastructure projects in the country, according to the Gabonese Press Agency. The first investment, estimated at US$177m, is for the construction of an integrated plant in Ntoum. The second project, valued at US$44m, involves the commissioning of a third line at CIMAF’s plant in Owendo. This will provide an additional capacity of 1Mt/yr, bringing the site's total capacity to 1.85Mt/yr. These investments will reportedly help to reduce Gabon's dependence on cement imports, limit foreign exchange outflows, and secure supply for the domestic market.
CIMAF Gabon to invest US$222m in production capacity
