Cameroon’s capacity to produce homemade cement and clinker will be boosted in the not too distant future.
The foundation stone for a new cement factory has been placed in Figuil, Mayo Louti division of the North region of Cameroon.
Prime Minister Joseph Dion Ngute who represented the President of the Republic at the ceremony said the plant falls in line with the government’s policy of imports substitution, aimed at valorizing Cameroon’s natural resources.
The Head of Government positioned the foundation stone for a new factory to produce cement and clinker during a high key ceremony attended by administrative officials and the elite of the North region.
Capacity of the Plant
The new cement production line belonging to Cemencam will be constructed at an estimated CFAF 50 billion and will increase the national capacity for cement production by 5 hundred thousand tonnes per year upon completion.
The new cement factory in Figuil is coming at a time when Cameroon imports 80% of the raw materials needed for the production of the essential building material.
A situation which makes the booming construction industry more expensive. Skyrocketing costs of freight transportation caused by the COVID19 pandemic has caused the country to lose even more.
The new production line for cement and clinker in Figuil is designed to overcome the hurdles.
Upon completion, it will tap raw materials from Cameroon and hopefully reduce cost.
Prime Minister Joseph Dion Ngute said the trickle down effect of the cement plant will be felt not only through the reduction of costs, but also through the generation of job opportunities.
He said the deal has been made possible because of President Paul Biya’s tireless drive to promote public – private partnerships in Cameroon.
During the ceremony, the Mayor of Figuil and officials of Cemencam and the Lafarge group lauded the initiative of a new production plant for cement and clinker.