Ivory Coast: The Turkish cement firm Limak Çimento, a unit of local conglomerate Limak Holding, has announced that it will team up with Ivory Coast-based company Akfirbat to set up a cement grinding and packaging plant in the Ivory Coast in what will be a US$50m project. The two companies held a signing ceremony in the Turkish capital Ankara for the establishment of a joint venture company named Limak Afrika SA.
The plant, to be built in the Ivorian capital Abidjan, will have the capacity to grind 1.0Mt/yr of cement as well as being equipped to produce 1.0Mm3/yr of concrete. Construction will start later on in 2014 with operations expected to begin in October 2015. It is proposed that the output of the plant will be sold in the Ivory Coast as well as in other African countries.