Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MOU) valued over $800 million for the expansion of the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity to 12 million metric tons per annum.
The agreement was signed by the President of Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, underscoring the long-standing strategic partnership between the two organizations and their shared commitment to advancing industrial development in Africa.
Under the agreement, the expansion project will significantly increase the production capacity of the Itori plant, enabling Dangote Cement to further meet growing domestic demand while substantially strengthening its export capabilities. The investment is expected to reinforce Nigeria’s position as a leading cement-producing nation and expand the country’s footprint in regional and international cement markets.
Speaking at the signing ceremony, Aliko Dangote described the project as a major milestone in the company’s long-term growth strategy and its commitment to supporting Nigeria’s industrialisation agenda
Dangote noted that the partnership with Sinoma has been instrumental in the successful delivery of several world-class cement manufacturing facilities and that the new investment further demonstrates confidence in Nigeria’s economic potential and the future of Africa’s manufacturing sector.
