ARM Cement expects Kenyan market to grow for the next 50 years

ARM Cement expects Kenyan market to grow for the next 50 years
Published: 07 November 2013

Tagged Under: ARM Cement Kenya 

Kenya's cement market is set to expand on the back of government infrastructure spending on ports and roads, while house builders trying to meet an annual deficit of some 440,000 units. A Bloomberg report claims that these factors are encouraging ARM Cement Ltd, Kenya’s second-largest cement maker, to raise capital by selling eurobonds to fund a US$300m expansion programme.







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