Thursday, 9 January 2014

Dangote’s $400m Zambia cement plant ready February -Envoy

The Nigerian High Commissioner to Zambia, Mrs Sifawu Momoh, has said one of the Nigerian’s foremost investors, Dangote Group Plc, will soon complete the establishment of a cement factory estimated at $400m in Zambia.
She said the factory, which was billed for inauguration in February, was part of the Federal Government’s strategy to strengthen economic ties with  Zambia.
Momoh stated this when she received a team of the Technical Aids Corps led by Mr. Salmon Shittu, from Nigeria, who briefed the envoy on new strategies being adopted by the agency to ensure the effective operations of the TAC scheme in its mandate countries.
The High Commissioner, according to a statement by TAC in Abuja on Thursday, explained that the Dangote’s cement firm, when fully operational in Zambia, would give direct employment to many citizens of the country and boost the economic ties of both countries.
She explained that Nigeria had a lot to learn from Zambia in areas of agriculture and tourism.
She also added that her home country  was ready to help in the development capacity assistance of the Zambia
.
“As parts of the efforts to help Zambia develop, the Nigeria Directorate of TAC has sent her medical personnel to further boost Zambian health industry,” Momoh added.
She explained that the governments of both countries had been discussing ways of sustaining and increasing direct investments to both countries.
The High Commissioner further explained that the investors from both countries would soon meet to share ideas on how to bring development into the country.

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