Larfage Cement WAPCO Plc on Wednesday admitted that the Ogun State government has contributed immensely to the progress made so far on the ongoing Lakatabu Expansion Project.
Jean-Christophe Barbant, the Country Manager of the company, made the disclosure during a visit to the state governor, Gabenga Daniel at the Government House, Abeokuta.
Mr. Barbant said the project has recorded appreciable progress, adding that his company would continue to count on the support of the government to bring the project situated in Ewekoro to early completion.
He said the new 2.2Mt cement plant at Lakatabu, is twice the capacity of the existing Ewekoro plant, and will allow Lafarge Cement to double its current overall capacity to 4.2Mt. The plant construction, which commenced in mid-2008 is expected to be finalised by first or second quarter of 2011.
Responding, Mr Daniel told the Lafarge team that the multi-billion naira expansion project is a demonstration of their confidence in Ogun State and the Nigerian economy.
The governor said they have chosen the best location to site such a major project given the availability of raw materials for cement manufacturing in most parts of the state and the ease of transportation due to the gateway advantage of the state.
He promised his guests that his administration would continue to provide the necessary backing to all investors who choose to do business in the state.