BUA Group signs $1billion contract for the construction of three new cement plants with Chinese firm in Nigeria

President, Sinoma CBMI, Tong Laigou (left); and Chairman of BUA Group, Abdul Samad Rabiu

Leading Foods & Infrastructure Conglomerate, BUA Group has issued a statement announcing plans to build three (3) new cement plants to be located in different states within Nigeria. See the statement released via the Group's official LinkedIn account below:

"Africa’s leading cement giant, BUA Cement has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by the end of 2022. Upon completion, this will bring BUA Cement’s total capacity to 20million metric tonnes by 2022. At 9million tonnes combined capacity, this is the single largest contract ever awarded in the Nigerian Cement Industry for the construction of new cement plants at the same time and by a single company, in Nigeria."

Source: LinkedIn /BUA Group

BUA Group remains a frontline competitor in the market share in the cement business, alongside Dangote Cement and Lafarge.