During the audience this 2nd July 2015, the Dangote Chairman announced plans underway to set up a cement factory in Yaounde, similar to that in Douala. After the tete-a-tete with the Prime Minister, Aliko Dangote told pressmen that his company aims at fighting any shortage of cement in Cameroon.
The Nigerian business mogul expressed gratitude to Cameroon’s Head of State, H.E Paul Biya and the Government at large, for permitting him to establish the Douala cement factory which is already yielding fruits.
He went on to promise that cooperation between his company and Cameroon shall not end just at the level of cement, oil and gas but shall go as far as the agricultural sector.
Dangote also added that the firm had already imported 220 trucks and trailers to tackle transport issues. These vehicles will allow for cement to be delivered directly to the end-users in rural areas, and that may lead to stabilisation of prices. The import of trucks will also create up to 5,000 jobs, directly or indirectly.
Stating that cement production in Cameroon had already almost outpaced the domestic consumption, Dangote said that the country will soon be in a position to start exporting cement. He also encouraged the government to use cement in the construction of roads in the country.
Cameroon will not lack cement. We can assure the government that we are here to stay and will continue to invest, he noted.
Prime Minister Philemon Yang on his part, pledged Government’s untiring support to the Nigerian investor.The Dangote Group is a Nigerian investment holding dealing in the production of cement, food and beverages and logistics management, amongst others.