Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity from six million to 12 million metric tonnes per annum (MTPA).
The agreement was signed by the President and Chief Executive of Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, underscoring the long-standing strategic partnership between the two organisations and their shared commitment to advancing industrial development in Africa.
Under the agreement, the expansion project will significantly boost the production capacity of the Itori plant, enabling Dangote Cement to meet growing domestic demand while substantially increasing its export capabilities.
The investment is also expected to reinforce Nigeria’s position as one of Africa’s leading cement-producing nations and expand the country’s footprint in regional and international cement markets.
The expansion aligns with Dangote Cement’s Vision 2030 target of producing between 90 million and 100 million metric tonnes of cement annually.
