President Weah described the new cement production plant as an extension of a state-of-art investment in the country which has introduced a technology to the cement industry and brings about inefficiency to the Liberian cement production firm. The plant is valued at US$ 14 million and has the capacity to produce 2,000 bags of cement. “To make foreign direct investment in Liberia is a vote of confidence in the safety and civility of the Liberian investment environment; we applaud you for that,” he said. Describing the cement production plant as timely, President Weah affirmed that after two years of assessment, CEMENCO will witness growth within the Liberian Economy as a result of many new projects which will required cement products. Mr. Gaihnard added that the plant meets three key demands for cement suppliers in Liberia and is best suited for a quality management system.

Source: Front Page Africa January 17, 2020 04:18 UTC