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Ethiopia: Habesha Cement Suspended Production

habesha-cementOne of the cement producers in Ethiopia, Habesha Cement, has halted its cement production at its plant near Holeta city, Oromia State. The decision was made after young protestors occupied the cement manufacturing plant which was inaugurated last April.

Mesfin Abi (Eng.), CEO of Habesha Cement SC, explained production was suspended due to security threat. “More than 20 youngsters from the locality and other places occupied the mining area hampering our operation. We are working with the local community and administration to amicably solve the problem,” he explained.

It was back in 2008 that Habesha was founded by 30 shareholders. It then built a cement factory near Holeta city at a cost of 140 million USD. The plant has production capacity of 1.4 million tons of cement per year.

Source: Capital