Ethiopia: Mohammed al-Amoudi, the biggest private investor in Ethiopia, plans to build two cement plants in the country due to an 'improving investment environment'. Al-Amoudi said that the new plants would join the US$351m Derba Midroc cement plant that opened in December 2011. Al-Amoudi announced in March 2012 that he intends to invest US$3.4bn in Ethiopia in 2014 – 2016.
Al-Amoudi to build two cement plants in Ethiopia
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