Tororo Cement, Uganda will soon commission a US$10m manufacturing plant as part of plans to double production to 2000tpd from 1000tpd.
“The company has found it necessary to upgrade and maximise production in view of the forthcoming free border trade under the East African Customs Union. We are targeting exploiting and satisfying the larger regional market where the housing and construction sector is growing fast due to booming
investments,” the chief financial controller, Breg Gegrani, said during an interview at Tororo recently.
Gegrani said the project would be opened by the end of this year at the main cement factory in Tororo. He said it would have rotary packers and a new cement mill. The company had also embarked on a US$3m project to convert its oil fuel-fired furnace to coal-fired in order to reduce production costs.
He said the factory which contributes over sh1.75b per month in taxes and duties, markets its products mainly in eastern, northern and central Uganda. Gegrani said the firm also exports over five per cent of its products to neighbouring countries.
He said the cement factory’s exports are expected to increase to 20 per cent from 10 per cent in the next few years.