The huge gap between the demand for cement and cement products and the supply from local cement producers has resulted in a significant surge in the price of the product. As a result  many construction projects in the country are being delayed and discontinued/deferred due to shortage of this basic construction material there by creating financial burden on the owners of the projects. Moreover, the effort being made to narrow the gap by importing cement from abroad is draining the scarce foreign exchange of the country. Importing cement is not also helping much in bringing the price down due to the high proportional cost of transport as cement is a bulk commodity whose price to weight ratio is very small.

At present the total annual production of cement in Ethiopia is about 1.98 million tons. However, the annual demand for cement is estimated to be about 5.0 million tons, leaving a gap of more than 3 million tons.

Considering this wide gap between the demand and supply of cement in the country, and the upcoming development projects, Habesha Cement Share Co. is formed to play significant role in filling the gap thereby contributing to the development effort of the country and assuring maximum possible rate of return on investment  for its shareholders.

OUR OBJECTIVES

To produce cement, cement bags, gravel, ready mix concrete, gypsum wall board, lime and to be engaged in the production of other construction materials.To be engaged in activities similar to objectives of the Share Company. Our plan is to build a cement plant of 1.2 million ton cement per year production capacity with 1.2 billion birr investment outlay. Studies show that a plant of this capacity if installed at the stated site would:

·         Yield minimum of:

-          55% profit per share at a selling price of 78 birr per quintal

-          More than 150% if cement is sold 130-150 birr per quintal for the foreseeable future

·         Have payback period of less than three years.

How to Invest