Hima Cement last week opened its new plant set to raise annual production and supply of cement by an additional 500,000t. The opening of the plant now increases Hima Cement’s annual production capacity to 850,000t from the previous 350,000t.
“I believe the new investment will go along way in increasing the supply of cement in the local market, meaning Uganda will cease to be a net importer of cement,” Hillary Onek, the energy minister, said in a statement.
Peter Lokeris, the minerals state minister, represented Onek during the launch at the Kampala Serena Hotel last week. “I expect this position will save our economy in excess of KES100b annually, which otherwise would have been lost in foreign exchange,” Lokeris said.
Source: The New Vision