Chinese Investors plan large cement plant in Zimbabwe

Zimbabwe BMIP Investment

Two Chinese Investors plan a 2.7 Mta integrated cement plant in Magunje, Mashonaland in Zimbabwe. The investors are Labenmon Investments (Pvt) Ltd. and West International Holding (WIH), a subsidiary of China West Cement, which owns a total cement capacity of 29.0 Mta, of which 2.0 Mta are in Mozambique. They signed a US$ 1bn deal for the Building Materials Industrial Park in Magunje, which will be installed according to the Chinese ‘Belt & Road’ initiative. The project includes an 8500 tph kiln, a 0.9 Mta grinding station and a 100 MW power generation unit. Plant commissioning shall be in two years.