13.9 C
Sunday, June 23, 2024

Uganda plans construction of Ateker Cement in Moroto

More News

- Advertisement -

Construction of Ateker Cement plant is set to begin in Uganda, Moroto District the country’s Investment Agency has announced.

The Ateker Cement plant will be part of the Karamoja Marble complex, which will also produce lime and marble.

The Proposed integrated plants will process Cement plant – processing capacity of 1,250 tons per day; Lime plant – 300 tons per day and Marble – 11,000 square meters of marble per month.

The project is being spearheaded by Uganda Development Corporation (UDC) in partnership with the private sector.

The plants will utilize 80% of local raw materials in the production of clinker, cement, lime and marble. The cement plants established in Uganda rely on the importation of clinker a raw material required in the production of cement, thus an increase in foreign exchange outflow.

Uganda’s foreign exchange outflow on importation of clinker increased from USD 126,518,000 in 2013 to USD 210,981,000 in 2018.

The unit is expected to be completed within 18 months of the commencement of construction, while its capacity is set to reach 1200tpd.

A special Purpose vehicle – Moroto Ateker Cement Company Ltd (MACCL) has been set up to implement the project. UDC holds 45%, Savannah Mines Ltd 40% and Saboo Engineers PVT Ltd 15% shareholding in Moroto Ateker Co. Ltd.

The project is expected to boost physical and social infrastructure development in Karamoja such as better road network, power, water, health facilities, education facilities, housing facilities and  recreation facilities.

Ateker Cement  plant will spur the housing and real estate development within the region. With the necessary infrastructure in place, coupled with availability of locally manufactured cement, the sector is anticipated to grow and create modern housing.

Also Read

Quay wall construction begins on Lekki Deep Sea Port

Mozambique starts construction of Metoro Solar Plant in Cabo Delgado

- Advertisement -


Please enter your comment!
Please enter your name here


Discover amazing advertising opportunities on CCE NEWS and get 20% off for your first advert. Click below:



Top Events