DR Congo: US$500m to relaunch Maiko cement plant

The Congolese government has freed US$250m to relaunch production at the former cement plant of Province-Orientale (CIPOR), Cimenterie de Maiko (CIMAIKO).

To carry out the project, the government signed a partnership agreement with multinational construction company Satarem Ltd, which will contribute a further US$250m to the project.

In December, representatives of the consortium will assess the site, which is located at Maiko, 75km southeast of Kisangani with work expected to start before the end of the year.