Prime Cement, a new player in the industry is aiming to help solve Rwanda’s Cement challenges after officially announcing the start of commercial production of cement on September 1 2020.
The company with its new US$40-million factory located in Musanze District in the Northern Province plans to bridge the cement supply gap in Rwanda.
Speaking during the launch, Prime Cement’s General Manager, Rolf Anttila said “This is the perfect time to go to market as projects have been experiencing delays because of lack of cement in the country.”
HOW RWANDA WILL BENEFIT FROM THE LAUNCH
Before now, Rwanda has only Cimerwa as a manufacturer of cement which has made it difficult as cement demand stands at around 800,000 tonnes per year, while the country produces around 480,000 tonnes.
This has made the country to rely on imports to cover the production shortfall, however imports have been affected by the Covid-19 pandemic and geopolitical issues.
So the plant operation comes at a time when some construction projects are moving slowly because of the cement deficit.
The company plans to prioritise innovation to serve the growing demand for cement in the country as it maintains at a relatively affordable price. It was designed with an annual production capacity of 600,000 tonnes with a target of ramping up to 1.2 million in the next two years.
Meanwhile, it is expected that a bag of 32.5 N grade will go for a wholesale price of Rwf9,500 while retailers will get it at not more than Rwf10,000.