Projects Completed

Habesha Cement Ethiopia

  • PPC secured a 27% stake with an equity investment of $12 million
  • Project cost is ~$130 million for the construction of a 1.4 million ton per annum facility
  • Funded by a combination of 30% equity and 70% debt
  • Construction commenced in October 2013 with commissioning 24 months later
  • The plant’s future development plan includes an option to double the capacity to 2.8 million ton per annum
  • Plant is well located, 35 km north- west of the bustling city of Addis Ababa