Dangote, Sinoma Seal $800 Million Deal to Double Itori Cement Plant Capacity
Dangote Industries Limited and China’s Sinoma International Engineering Co. Ltd. have signed a Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, doubling its annual production capacity from 6 million to 12 million metric tonnes. The agreement marks one of the largest recent industrial investments in Nigeria’s manufacturing sector.
The MoU was signed by Aliko Dangote, President and Chief Executive of Dangote Group, and Lin Zhong, Chairman of Sinoma International Engineering. The expansion is expected to strengthen Dangote Cement’s ability to meet rising domestic demand while significantly increasing exports to regional and international markets.
Speaking at the signing ceremony, Dangote described the investment as a major milestone in the company’s long-term growth strategy and reaffirmed its commitment to supporting Nigeria’s industrialisation agenda. He attributed the decision to expand the Itori plant to the Federal Government’s renewed emphasis on using concrete for road construction and the growing demand for cement across Africa.
Dangote said the project aligns with the company’s Vision 2030 target of producing between 90 million and 100 million metric tonnes of cement annually. He added that the expanded facility would boost export capacity, generate foreign exchange earnings, create jobs and reinforce Nigeria’s position as one of Africa’s leading cement-producing nations.
The partnership builds on a longstanding relationship between Dangote Group and Sinoma, the Chinese engineering firm responsible for delivering several of the group’s cement manufacturing plants across Africa. The companies said the latest investment reflects their confidence in Nigeria’s economic potential and the continent’s growing manufacturing sector.
The Itori expansion forms part of Dangote Cement’s broader strategy to consolidate its leadership in Africa’s cement industry through increased production capacity, operational efficiency and export-driven growth. Once completed, the upgraded plant is expected to serve as a major production and export hub, supporting regional trade under the African Continental Free Trade Area (AfCFTA) while enhancing Nigeria’s manufacturing competitiveness.
