Takele Uma (Engineer), Minister of Mines said Friday that construction of Lemi Cement Industrial Complex, a new private industrial park, is going to be completed in 18 months.
The industrial complex is located in North Shoa Zone of Amhara region. When starts operation, the factory will have a capacity of producing 5 million tons of cement in a year.
“To solve shortage of cement at a national level, it would be indispensable to enhance production capacity along with improving quality,” said Takele Uma.
“We’ll be devoted to solve the shortage of cement by facilitating conditions for local and global investors to be engaged in the business,” he added.
Meanwhile, Prime Minister Abiy Ahmed (PhD), Hailemariam Desalegn, former PM, Takele Uma and other government officials paid a visit to Lemi Cement Industrial Complex on Friday.
The $2.2 billion complex is expected to feature many different factories including other factories to be built at the park include gypsum, board and glass manufacturing.
The new park is owned by East Africa Holdings, the group which also runs National Cement. China’s West International Holding is also a project partner.