Tanzania plans US$ 9.2 bn in cement investment

According to a report, three companies plan to invest as much as US$ 9.2 bn in Tanzanian cement production in projects that could double the nation´s installed capacity. The Government of East Africa´s second-biggest economy, with GDP of $45 bn, has infrastructure projects planned, including the $10 bn Bagamoyo port development, a $7-bn railway and a $4-bn crude oil pipeline from neighbouring Uganda that will require cement.