The Government in Tanzania has signed an agreement with the Amsons Group for a new cement plant in Tanga and the expansion of the Mbeya cement plant. Mbeya Cement (formerly Lafarge Tanzania) was acquired in fiscal 2023/24 by the Amsons Group (65%), while the Treasury Registrar holds 25% and the National Social Security Fund holds 10% of the shares. The expansion of the Mbeya plant (photo) will increase the capacity from 1000 to 5000 tpd, while the capacity of the Tanga plant shall be also 5000 tpd. Investment costs for the 2 plants are 320 US$m with a completion to be expected within the next two years.