Mira Company has signed an agreement with the Cameroon’s Ministry of Industry and Technological Development to construct a 1Mta cement plant in Douala. The deal allows the Swiss engineering company to benefit from provisions in Cameroon’s law which offers incentives to private sector investors in the central African country.
Shandong Design and Research Institute has reportedly been awarded the contract for the project. The plant is expected to be officially put into operation by the end of 2016.

GCC posts 17% drop in 1Q net income
GCC reported a 9.6 per cent YoY drop in consolidated net sales to US$246.5m in the 1Q25 from U...