The government of Cameroon and the Lafarge group has signed an investment agreement for the construction of a cement factory in Nomayos on the outskirt of Yaounde.
The agreement will help resurrect the project which was announced some five years ago. The foundation stone for the construction of the cement factory was laid in September, 2011 in Nomayos, a few days after the start of construction works on the Dangote Cement factory in Douala, which started operating in 2015.
Commenting on the delay of the cement factory, Pierre Moukoko Mbonjo, Chairman of CIMENCAM said “the industrial procedures, which are time-consuming and the discussion with the State on tax and administrative issues delayed the project. The most important thing is the signing of this agreement with the government, which will enable us to finally start works. The Project will be completed in 2018”.