Morocco: Anouar Invest starts construction on second cement works

Moroccan holding company Anouar Invest announced the start of construction of a new cement works at Laâyoune.

Located in Foum El Oued, the new Cimsud plant represents an investment of MAD300m (US$29.98m) and will have a capacity of 0.5Mta. The unit is expected to come online in July 2017.

Anouar Invest has also launched work on a 2.2Mta cement plant in Settat, via its subsidiary Atlantic Ciment. The MAD3bn facility is scheduled to enter production at the end of 2018.