CBI Ghana Ltd, producers of Supacem is set to boost Ghana’s construction industry with the construction of its ultra-modern power plant to produce about one million tonnes of cement by March 2018.
The development is expected to boost cement supply for consumers in the country with competitive pricing in the market.
With the vision of being the premium brand providing the most valuable cement related solutions to Ghanaian builders by 2020, Supacem promises to deliver quality products for the Ghanaian Market.
Managing Director of CBI Ghana Ltd, Frederic Albrecht said the company decides to locate in Ghana due to the stable economic environment and its strategic location.
He said, “The consumption per capita in Ghana is still one of the highest in West Africa with 200 kilos per capita but it’s still far less than what we can observe in North African countries therefore there’s still a good way for development.”
“There’s no manufacturing of clinker in the country therefore we’ll still be relying on importation but of course all the additions that we’ll be able to source locally, we will be willing to source it for various reasons. It will be much less expensive to source locally a product than to import it,” Mr Albrecht said.
The company currently imports finished cement from Nigeria, a situation which will end by next year when work on its manufacturing plant is completed.
With a reliable infrastructure, Supacem says it is poised to deliver on its promise of providing the most quality cement for the construction industry.
CBI Ghana currently employs 400 Ghanaians directly and indirectly. The company is affiliated with LafargeHolcim, the world-leader in cement manufacturing.
LafargeHolcim operates in 90 countries - including 30 in Africa alone. LafargeHolcim is based in Switzerland with its central functions divided between Zurich and Paris, France.