Zimbabwe: Future of proposed Charumbira plant remains uncertain

Zimbabwe: Future of proposed Charumbira plant remains uncertain
Published: 05 August 2016


Plans to build a US$50m cement plant in Charumbira have been called into question after it was admitted that the Chinese investor behind the project had yet to submit a feasibility report.

The plant is to be built by the Sino Zimbabwe Cement Company, which saw a 15 per cent fall in sales in the first quarter of 2016.

According to reports in News Day, provincial administrator Felix Chikovo said: “The point of entry before any mining commences or any people are resettled is based on a report from the Chinese investor.

“We are still waiting for an evaluation report that includes the number of jobs to be created and the viability of the project and this has not been carried out and we are yet to have feedback from the investor.”