Overview:
This reduction in import costs will enable the company to maintain stable prices, even in the face of global market fluctuations.
Simba Cement’s newly launched clinker plant in West Pokot, Kenya, is expected to stabilize cement prices in Uganda, bringing relief to builders, contractors, and homeowners. The $220 million plant, which has a production capacity of 6,000 tonnes daily, will significantly reduce Simba Cement’s reliance on imported clinker, a key ingredient in cement production.
This reduction in import costs will enable the company to maintain stable prices, even in the face of global market fluctuations.
According to Mr. Heet Raval, Simba Cement’s Marketing Manager, the new plant will also increase the company’s production capacity, ensuring a steady supply of cement to meet the growing demand in Uganda.
“Our new plant will enable us to maintain stable prices, ensuring that our customers can budget with confidence,” he said. “We understand the importance of affordable cement in supporting the growth of Uganda’s construction industry, and we are committed to playing our part.”
“We are committed to supporting the government’s vision of affordable housing, and this new plant is a key part of that strategy,” said Mr. Raval.
Ms. Edna Agwata, Sales Manager at Simba Cement, added that the new plant will also improve the company’s logistical efficiency, reducing transport costs and lead times. “Our proximity to raw materials and markets will enable us to respond quickly to changes in demand, ensuring that our customers receive their orders on time,” she said.
The Ugandan government’s affordable housing agenda is also expected to benefit from Simba Cement’s new plant. With stable cement prices, developers and builders will be able to construct homes at a lower cost, making housing more affordable for Ugandans.
In addition to stabilizing prices, Simba Cement’s new plant will also create jobs and stimulate economic growth in the region. The company has already employed hundreds of workers at the plant, and is expected to create more jobs as production increases.
