Lucky Igbinedion, govenor of Edo State, Nigeria, laid the foundation stone of 2500tpd cement factory in Egbigere, Akoko Edo local government council of the state, appealing to the in-coming administration to give the project its desired support.
The factory, with the operational name, Ava Cement, would be established in two phases with associated 2 x 10MW gas turbine power plants, modern office complex, and 150-unit housing estate with clinics, shopping mall, and community centre as well as water treatment facilities.
Other associated facilities, Governor Igbinedion said, would come on stream with the Ava Cement project, which was being financed and constructed by Chinese investors to the tune of 85 per cent of the cost, were the renovation of the state-owned Ojirami water works and dam, gypsum and limestone quarries.
He pointed out that all the raw materials needed for the production of cement by the factory would be obtained from the Edo North axis of the state, where limestone deposit was estimated to be about 6.4 billion tonnes while gypsum deposit was put at about 526 million tonnes.
"This is a very good project for our people especially the people of Akoko Edo because it will not only create employment but it will bring development to this area. I believe that the in-coming administration will also give its support to this project so that in the next two years it will be a reality," he stated.
Representatives of the cement company, Messrs Wang and Su Nelson, who spoke earlier, commended the state government for giving them the opportunity to invest in the state and assured that the project would be completed in the next two years.