From The Rio Times · Samuel Ncube · · 1m 10s
Gabon Plans US$195 Million Cement Plant
Gabon's government and Hong Kong investors to build $195m cement plant.
In brief
Gabon's government and Hong Kong investors to build $195m cement plant. Gabon's government and two investors will build a cement plant producing 1 million tonnes of cement annually. Originally reported by The Rio Times.
Gabon Cement Plant Project
Gabon's government and two investors plan a cement plant producing 1 million tonnes of cement annually.
Investors and Funding
Hope Global Investment and Conch Investment Holding of Hong Kong will build, finance, run and manage the plant.
Project Scale
The plant will produce 3,500 tonnes of clinker daily, or 1 million tonnes of cement annually.
Economic Impact
The project promises at least 200 direct jobs with priority for Gabonese workers and firms.
Funding Details
The plant costs at least 114 billion CFA francs, or about US$195 million at the 20 October 2026 euro rate.
Project Timeline
The first stone was to be laid on Tuesday, 20 October 2026, according to Gabonreview.
China Connection
The project emerged from the Gabon-China Economic Forum held on 3 September 2024.
Mondah Green Beach
The cement plant is part of Mondah Green Beach, a coastal city program near Libreville.
The key point
Gabon's government and two investors will build a cement plant producing 1 million tonnes of cement annually.
