Diamond Cement Company (DCC) is targeting an investment of $30 million over the next two years for the development of its clinker mine project.
The company has already received quality certification from the Standards Association of Zimbabwe (SAZ), which will help it to commence production for the African country’s domestic market.
DCC is owned by a Chinese consortium, Livetouch Investments, which has invested $20 million into the project after acquiring 100,000 square metres of land.
DCC Chief Executive Officer Wang Don said the company was also looking at opening a clinker mine project in Zimbabwe. When production finally takes off, DCC will produce 400,000 tonnes of cement per annum and around 400 workers may be employed.