Dangote Industries Limited has signed a Memorandum of Understanding (MoU) worth over $800 million with Sinoma International Engineering Co. Ltd. to expand the Dangote Cement plant in Itori, Ogun State, doubling the facility’s production capacity from six million to 12 million metric tonnes annually.
The agreement was signed by the President of Dangote Group, Aliko Dangote, and the Chairman of Sinoma International Engineering Co. Ltd., Lin Zhong, during a ceremony monitored by Nairametrics.
The expansion project is expected to strengthen Nigeria’s position as one of Africa’s leading cement-producing and exporting nations while supporting increased exports to regional markets and boosting industrial development.
Aliko Dangote said the expansion project had already commenced even before the formal commissioning of the existing plant and disclosed that the company was also investing in expanding its cement export terminal in Lagos.
“Before even the commissioning, we are starting to double the capacity to 12 million tonnes. And we hope that this one in the next 22 months it will be ready. The second contract which we are signing with them today is the expansion of our export terminal here in Lagos, where we are exporting cement to other West African countries and up to Central Africa, which is Cameroon.”
Sinoma Chairman, Lin Zhong, said: “We are determined and committed to provide our best technical know-how and also the best equipment with much better performance and execution for the upcoming new projects to play our fair share and be part of the 2030 strategy and vision of the Dangote Group.”
Dangote also thanked President Bola Tinubu for providing what he described as an enabling environment for businesses, attributing the decision to expand the Itori plant to the Federal Government’s renewed drive to encourage the use of concrete for road construction.
