The Kenyan government said on Friday that it has almost completed the process of facilitating the establishment of a $600 million cement plant by Dangote Group in that country.
The Deputy President of the Republic of Kenya, William Ruto, who said this shortly after being led on a facility tour of Dangote Group cement plant at Obajana , Kogi State, revealed that a licence that would eventually pave the way for the establishment of the cement plant this year, would be ready in a couple of months.
Ruto, who was at the head of a nine-man delegation from the east African country, said that he was “thoroughly impressed” by the development at the Obajan cement plant, adding that what he saw had further emboldened his country’s inherent belief in African entrepreneurship.
He described the President of Dangote Group, Alhaji Aliko Dangote, as a major African entrepreneur, saying that he was convinced beyond reasonable doubt that the Kenyan government was dealing with the right man.
The Deputy President said that his country was looking forward to the partnership with Dangote Group with a lot of hope that it will bring about a fundamental change in the cement production sub sector of the Kenyan economy.
Also speaking to journalists, Dangote said that his company had concluded arrangement to establish the $600 million cement plant in Kenya this year.
The cement palant, he said, would have the capacity to produce three million tonnes of cement per year, adding that this intention was to replicate the Objana and Ibeshe experiences in Kenya.
He said that his company, which currently operates in 15 other African countries, would create millions of jobs in Kenya and help to boost activities in its cement sector.
Ruto planted a tree to commemorate his visit to the cement plant.
Ruto and the team have since returned to Kenya.
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