China’s Sinoma International Engineering Co., Ltd, a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co., Ltd. has announced that it has recently signed a contract on a cement project worth $386 million with Nigeria’s Ibeto Cement Co

In a corporate notice, the company stated that the project area is located in Enugu, Nigeria. Scope of the contract includes a Nissan 6000 tons of cement clinker production line from crushing limestone mining, cement raw materials to packaging, shipped to the whole process and a 45MW captive power plant, covering engineering design, equipment, steel and material supply, civil works, installation, commissioning and personnel training.

The project cost is estimated at $ 386,000,000.
http://naija247news.com/2015/10/chinas-sinoma-parnters-nigerias-ibeto-cement-to-build-386-mln-plant-in-enugu/

Sinoma International Engineering Co Ltd has signed a contract on a cement project worth $386 million with Nigeria’s Ibeto Cement Co. The project is to be located in Enugu in South East Nigeria. In a statement released on Wednesday, China’s sinoma said the scope of the contract will include a 6000 ton of clinker cement…
http://businessdayonline.com/2015/10/ibeto-cement-signs-386-mln-contract-with-sinoma-for-enugu-plant/

(Anyone have access to business day online?)

Sinoma International Engineering's new Nigerian contract

Sinoma International Engineering Co Ltd has recently entered into an engineering, procurement and construction contract for a 6000tpd clinker cement production line and a power plant with Ibeto Cement Co Ltd in Nigeria, worth US$386m.

This project is located in Enugu area of Nigeria. The contract covers the whole process from exploitation of limestone mines and crushing of raw materials to packing and delivery of cement, together with a 45MW self-generation power plant, including engineering design, supply of equipment, steelwork and materials, civil construction, installation and staff training.

http://www.cemnet.com/News/story/157842/sinoma-international-engineering-s-new-nigerian-contract.html

Good news! The Igbo should start investing on their home soil. kudos to ibeto

Digitron:
Good news!
The Igbo should start investing on their home soil. kudos to ibeto

Yes. It's common sense really.

Thumps up!
That is a laudable project. please ensure that 90% of your workforce are Nigerians.

There is a gradual wake up call for all industrialist of south east extraction to start planting their investments in the east.
Selah.

This is a very good news. people like Ibeto need to be given an award aimed at celebrating Igbo people.

Afam4eva:
This is a very good news. people like Ibeto need to be given an award aimed at celebrating Igbo people.

^^^I love him as if he were a blood brother!

Anyone know of any substantial project Orji Uzor Kalu has anywhere in the South East!? Afterall they do tell us he's on Forbes (Nigeria) richest list, so i'd expect there's a multi-million dollar investment of his somewhere in the South East that we're yet to know of!

IGBOSON1:


^^^I love him as if he were a blood brother!

Anyone know of any substantial project Orji Uzor Kalu has anywhere in the South East!? Afterall they do tell us he's on Forbes (Nigeria) richest list, so i'd expect there's a multi-million dollar investment of his somewhere in the South East that we're yet to know of!

You mean the person that impoverished Abia State or another Kalu?

ezeagu:


You mean the person that impoverished Abia State or another Kalu?

^^^'Nuff said i guess!

ODUBEZE:
Thumps up!
That is a laudable project. please ensure that 90% of your workforce are Biafrans.

Fixed

Am not into tribal sentiments but am sure this topic won't make frontpage. Had it been about how an igbo boy was caught with drugs someone somewhere will shoot it to straight to the frontpage for reasons best known to him or her.

eyeview:
Am not into tribal sentiments but am sure this topic won't make frontpage. Had it been about how an igbo boy was caught with drugs someone somewhere will shoot it to straight to the frontpage for reasons best known to him or her.

How you take know ?

Thank lord that it is in Igbo land ...by the way it will not be nice if that aboki comes to invest and take the money away

Igbo economy is in hands of Igbo ..we can take the chunk of others

eyeview:
Am not into tribal sentiments but am sure this topic won't make frontpage. Had it been about how an igbo boy was caught with drugs someone somewhere will shoot it to straight to the frontpage for reasons best known to him or her.

Let's try. Lalasticlala, Seun, Ishilove, a positive story for the front page.

That's a laudable development instead of rebagging imported cement

Even more reason to fix transport connectivity and possibly revive Port Harcourt or Ugwu Ocha port.