The BILLIONAIRE has put a little over 1,000 million into play for the transformation of clay and KAOLIN into construction materials in order to limit imports that are causing the country to lose foreign currency
After Green Oil and real estate including its United brand hotels, Guillaume Mbakam is investing in mining and wants to position himself as one of the pioneers in the valorization of local materials in Cameroon, aiming to transform the construction industry.
The Cameroonian businessman is now tackling this valorization through the Cameroon Concrete Company (CCC). This industrial tile production unit is deployed in Nkake-Souza, in the Moungo department, about thirty kilometers from Douala.
The infrastructure is being built on a five-hectare site. The works, launched in 2022, have an execution rate of 75% in October 2024, with delivery announced for 2025.
The machines will be delivered from May 2025, and the first productions are expected in December of the same year
The CCC will have a production capacity of 10,000 m² of tiles per day, and will require 3.5 megawatts of electrical energy to operate
The project also includes the construction of an infirmary, laboratories and 80 employee housing units.
Once completed, the Nkake tile production plant is expected to increase the availability of materials, the imports of which weigh on Cameroon’s balance of payments.
In 2023, Cameroon imported 188,054 tons of glazed tiles worth 43.1 billion FCFA, according to the National Institute of Statistics (INS). “With the Nkake factory and the Keda factory in Kribi, Cameroon will be the leader in tile production in Central Africa,” said the interim Minister of Mines.
His new investment is part of a desire to develop local industry, reduce dependence on imports and position Cameroon as a leader in the production of construction materials in Central Africa.
BILLIONAIRE GUILLAUME MBAKAM BUILDS A CLAY AND KAOLIN TILE MANUFACTURING PLANT
