President Paul Kagame on Thursday, August 3, issued a rallying call to fellow African leaders saying that governments must step up and enact enabling investment policies, to be able to attract major impactful investments such as the just-inaugurated Anjia Prefabricated Construction Cement Factory in Muhanga district, Southern Province. “That’s what we have been doing here in Rwanda for a number of years,” he pointed out. The Head of State made the call shortly after launching and also touring the $100 million facility which targets an annual output of a million metric tonnes output in order to address the supply deficit in the market. The development is part of the investments made by the West International Holding Ltd, a subsidiary of China West Cement Group. Already the company’s initial injection of over $50 million has seen the setup of a high-performance cement grinding station system with two kinds of Cement; the CEM II/A-M 42.5 Ordinary Portland Cement as well as the CEM II/B-M 32.5 ordinary Portland cement. Following a guided tour, President Kagame commended West China Cement Group’s commitment to the infrastructure development of “not just Rwanda but our continent.” “Over the years, West China Cement, and West International Holding, the company have become key players in Africa’s efforts to reach self-sufficiency in cement production,” he added. “Earlier I had the opportunity to tour the plant, you have set the bar high in terms of quality and we appreciate that.” Prospects look promising The African cement, concrete and construction business is...
Kagame urges African leaders to enact investment policies
Posted on: August 4, 2023
Posted on: August 4, 2023