Invisible
Robot
- Feb 11, 2006
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By Wilfred Mwakalosi
June 12 (Bloomberg) -- Lee Building Materials Ltd., a Chinese company, plans to start construction of a $12.5 million cement factory in Tanzania in September, said the companys country representative, Feng Hu.
The plant, located about 250 kilometers (155 miles) south of Dar es Salaam, will have a capacity of 300,000 metric tons a year, he said by phone today.
The factory will add to Tanzanias cement surplus. The country produces 3 million tons a year, compared with demand of 2.1 million. Local producers complain that they cant compete with imports from Pakistan, China and India following a cut in import tariffs to 25 percent from 40 percent in 2008.
Local cement producers include units of Germanys HeidelbergCement AG, Frances Lafarge SA and Tanga Cement Co. Ltd.
June 12 (Bloomberg) -- Lee Building Materials Ltd., a Chinese company, plans to start construction of a $12.5 million cement factory in Tanzania in September, said the companys country representative, Feng Hu.
The plant, located about 250 kilometers (155 miles) south of Dar es Salaam, will have a capacity of 300,000 metric tons a year, he said by phone today.
The factory will add to Tanzanias cement surplus. The country produces 3 million tons a year, compared with demand of 2.1 million. Local producers complain that they cant compete with imports from Pakistan, China and India following a cut in import tariffs to 25 percent from 40 percent in 2008.
Local cement producers include units of Germanys HeidelbergCement AG, Frances Lafarge SA and Tanga Cement Co. Ltd.