One-year contract is renewable for a five-year term, follows on heels of successful entry to Mozambique market.
ASEC Engineering and Management, the leading cement plant O&M service provider in Egypt and the MENA region, has signed a contract with Ethiopia’s National Cement Share Company to provide full technical assistance for the operation and maintenance of a cement plant with a production capacity of one million tons of clinker per annum. The plant is located in the city of Dire Dawa in Ethiopia, 450 km east of the capital Addis Ababa.
National Cement Share Company is one of the largest producers of cement in Ethiopia.
The objective of the contract is for ASEC Engineering to utilize its knowhow and expertise to assist National Cement Share Company to increase production volumes, reduce production costs, and improve product quality. ASEC Engineering will also introduce and implement systems for all aspects of production, quality, maintenance, warehousing and human resources, among other areas. ASEC Engineering’s scope of work will cover extensive training for Ethiopian staff through the prestigious ASEC Academy training programs and courses.
The one-year contract is renewable for an additional five-year period.
In addition to other regional contracts, ASEC Engineering operates and maintains 10 cement production lines across 7 Egyptian plants representing c. 25% of total cement production in the country.
“This contract with National Cement Share Company is a result of the continued efforts of ASEC Engineering and its ambitious plans to expand its business into Sub-Saharan Africa after its successful contract with Cimento Nacional Company in Mozambique,” said ASEC Engineering CEO Khaled El Sebaie.
ASEC Engineering is a subsidiary of ASEC Holding, a business unit of Qalaa Holdings.
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Previous Qalaa Holdings press releases on this subject and others may be viewed online from your computer, tablet or mobile device at qalaaholdings.com/newsroom
Qalaa Holdings (CCAP.CA on the Egyptian Stock Exchange) is an African leader in infrastructure and industry. Formerly known as Citadel Capital, Qalaa Holdings controls subsidiaries in core industries including Energy, Cement, Agrifoods, Transportation & Logistics, and Mining. To learn more, please visit qalaaholdings.com.
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