Name and Location
Tanga cement project, Tanzania.
Project Description
The project involves the construction of a clinker and a cement grinding plant on an area spanning over 6 km to produce 1.5-million tons a year of cement in Maweni, in the port city of Tanga, in Tanzania. The capacity of the Tanga cement plant is expected to be the largest in both East and Central Africa.
Value
The cost of the project is estimated at $120-million.
Portions of the finance have been put aside by a consortium of regional development finance institutions, such as the East African Development Bank (EADB), the Development Bank of Southern Africa (DBSA) and the Eastern and Southern African Trade and Development Bank, known as the Preferential Trade Area Bank (PTA Bank).
Duration
The project was scheduled to be operational by 2011.
Client
Kenya’s Athi River Mining cement company through its subsidiary, Maweni Limestone.
Key Contracts and Suppliers
DBSA, EADB and PTA Bank (finance).
Latest Developments
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
ARM Tanzania, tel +255 27 264 7904/7903/7788 or fax +255 27 264 4868.
DBSA, tel +27 11 313 3911 or fax +27 11 313 3086; or senior investment officer Davies Pwele, tel +27 11 313 3876 or cell +27 82 807 8921.
EADB, tel +255 22 211 3195/6981, fax +255 22 211 3197 or email cot@eadb.org.
PTA Bank, tel +257 2 222 4966/4975, fax +257 2 222 4983 or email info@ptabank.org.