Rwanda: Cimerwa's $190m Clinker Plant to Cut Imports, Save Rwanda Billions

Rwanda: Cimerwa's $190m Clinker Plant to Cut Imports, Save Rwanda Billions

The clinker plant in which cement manufacturer CIMERWA is set to invest around $190 million (approx. Rwf275 billion), is expected to address the company's dependence on imports and save Rwanda an estimated $2.88 billion (approx. Rwf4 trillion) in foreign exchange in the next 25 years - once the plant starts production.

CIMERWA’s $190m clinker plant to cut imports, save Rwanda billions

The clinker plant in which cement manufacturer CIMERWA is set to invest around $190 million (approx. Rwf275 billion), is expected to address the company’s dependence on imports and save Rwanda an estimated $2.88 billion (approx. Rwf4 trillion) in foreign exchange in the next 25 years – once the plant starts production. The announcement was made by CIMERWA Chief Executive Officer, Mangesh Kumar Verma recently, following the release of the company…