Chinese cement company, Hung Shen, inaugurated its cement plant built around Mojjo town 75km from the capital at a cost of ETB500, according to Capital news report. Chinese and Ethiopian government officials, including Alemayehu Tegenu, Minister of Mine and Energy, attended the inauguration ceremony.
In just a few months the company will be able to double its cement production to about 2Mta. The plant, which began production a year ago, just completed expansion and increased its production capacity. Currently, it produces 2000tpd of cement.
Currently, the company has completed phase two of the cement plant expansion around Gebre Guracha, 165km northwest of Addis Ababa, at a cost of ETB3bn. When the plant starts production scheduled in the next three months, it is expected to increase the production capacity of the company to 4Mta. Currently the total production capacity of cement factories in Ethiopia is 2Mta.
Ethiopia uses about 8Mta of cement but only produces about 2.4Mta and with the construction boom demand for cement has skyrocketed. Now over 25 local and foreign inventors have received a license from the government to produce cement and huge cement factories like Mugher, National and Mosobo are expanding to increase production.