Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have entered into a $800 million agreement to scale up the Itori Cement Plant located in Ogun State. This project aims to double the facility’s production output from six million to 12 million metric tonnes per annum (MTPA).
Aliko Dangote, President of Dangote Group, and Lin Zhong, Chairman of Sinoma, finalized the deal, highlighting a durable partnership focused on African industrial growth. This expansion is designed to satisfy rising local demand for cement while simultaneously strengthening export operations. The initiative is also set to solidify Nigeria’s status as a key cement producer within the continent.
During the signing, Aliko Dangote emphasized that the project supports the federal government’s focus on concrete-based road construction and aligns with the company’s Vision 2030 goal of hitting 90 to 100 million metric tonnes in annual production. He credited President Bola Tinubu for fostering a business-friendly climate that encourages such large-scale investments.
Beyond meeting domestic needs, the venture is expected to generate significant foreign exchange and provide new job opportunities. Lin Zhong confirmed that Sinoma will provide the engineering expertise and advanced technology necessary to complete the project, reaffirming his firm’s dedication to building efficient and sustainable infrastructure in Africa.
