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Namibia seeks investors for cement plant
Wed, 05 Jan 2011 11:00


Region
Namibia

Sector
Construction & Materials
Manufacturing

Summary:
A boom in the local construction industry is causing growing demand for building materials. The Namibia Investment Centre is inviting investors to establish a cement manufacturing plant to serve the local and regional markets.
Contact
Mara Zaire

Email
zaire@mti.gov.na

Tel
+264 61 283 7347


Investment opportunity: Cement manufacturing plant

Summary: The government of Namibia is looking for investors to build a cement manufacturing plant, which when complete would also have an export market in the Southern Africa Development Community (SADC) where the demand of cement is high. Various geological studies have found limestone, clay and gypsum deposits in several parts of the country, for instance in Karibib, Otjiwarongo and Mariental.

Project cost: Estimated US$41 472 000

Sector: Continued growth in Namibia's construction industry has increased the demand for building materials. Total annual demand is estimated at 350 000 tonnes and is growing at an annual average rate of 10%.

Incentives: Resource-based projects have specific incentives, which interested investors can get from the Namibia Investment Center.

Key contact: Mara Zaire
Deputy director, Investment Promotion Division
Namibia Investment Center
Email: zaire@mti.gov.na

 

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