You wait for decades for 1 and 2 get anounced at once! " Different ways of going about it may they both succeed.
Red Cement Factory
unites 58 local companies
Red Sea Cement Factory is a group that unites 58 local companies, mostly those in the cement, energy, real estate, medicine , petroleum and construction industries.
From the Sool region to the Awdal region, the owners come from various parts of Somaliland.
Our primary goal is to restore the Berbera cement plant, which was severely damaged during the civil war in 1991.
Part of MSG Group of Companies, which is a composite organisation with its subsidiaries specialising in the following fields: Manufacturing of tobacco-based products, Telecommunications & Fibre Optic Cabling Systems, Petroleum & Gas Exploration, Energy Distribution, Shipping & Transit Services, Logistics Management and Construction, Horn Cements is the latest addition to the group to cater the infrastructure needs in the Horn of Africa by setting up the first complete cement manufacturing unit utilising the local resources.
Horn Cements will produce various types of high-quality cement conforming to EN 197-1 standards and shall constantly update its technology by introducing the latest equipment for quality control, cost-saving, and environmental conservation combined in the field of manufacturing Cement.
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Possibly the best thing since bread. Cement is as important as Energy for any developing country.
The next thing that should be on the table for investment is Oil Refinery. I am sure the locals and business community can raise enough money to get it off the ground.
I think the consortium model (Red Sea) will be interesting if it can succeed. I hope it does as it will unlock the true potential of Somaliland. But history tells us this model of financing hardly gets of the ground in Somaliland but works relatively better in Somalia. Boodhari Mills was the first real one that went the shares route and we barely hear anything about it and is still raising funds years after the mill opened. Al Wadaniya on the other hand is everywhere is probably dominating the market.
Getting all 58 companies plus the public shares to see eye to eye, make payments on time, looks like a right pain and a challenge. But I hope it works.
With competition both companies have no choice but to make it work for fear the other company will make it to the market first!
I do like the Horn Cement bag logo (rhino) and color scheme!
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Under construction!
We are proud to announce the successful chartering of the MV Dragon, which recently arrived at the Berbera port, carrying a shipment of bagged cement for Horn Cement.
Our commitment to providing top-notch transportation services has earned us a reputation as a trusted partner in the shipping industry. We understand the importance of delivering goods safely and on time, which is why we only charter vessels equipped with the latest technologies to navigate through the toughest sea conditions.
The MV Dragon is just one of the many vessels in our fleet, capable of carrying a wide range of goods, from raw materials to finished products. Our transportation services are tailored to meet the unique needs of our clients, ensuring that their goods are delivered efficiently and cost-effectively.
The cargo carried by the MV Dragon is bagged cement. We understand the importance of this cargo for the region’s economic development, which is why we take pride in facilitating its seamless transportation from the Port of Karachi to the Berbera port.
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Shirkada Sinocemtech Ee Maamulaha u yahay Mr. Xu Youtian ayaa markii ugu horeysay Mashruuc dhisme oo shaqo ah ka bilawday Afrika gaar ahaan Gobolka Saaxil, Berbera Somaliland, Waxaanu xusay inuu ku faraxsan yahay imaanshaha Somaliland mustaqbal wanaagsana u rajeynayo Somaliland.
Sinocemtech to commence the construction of Horn Cement.
MSG Group partner with Tianjin Cement to build Somaliland plant
Somaliland infrastructure industry has received a major boost after the MSG Group of Companies and Tianjin Cement Industry Design and Research institute (Sinoma) signed an agreement to establish an integrated cement plant in the port city of Berbera.
The integrated cement plant aims to meet the growing demand for cement in Somaliland and the neighbouring region due to the expansion of the construction industry. Strategically located in Berbera, a major port on the Gulf of Aden, the plant will play a crucial role in meeting cement demand in the Horn of Africa region, where Berbera’s economic development has been positively influenced by the expansion of port services under DP World.
As part of its diversification plan, MSG Group will lead the development of the cement manufacturing unit with a capacity of 1.9 million tonnes per annum in Berbera. The project, carried out through MSG Group’s subsidiary, Horn Holding Group Limited, registered at DIFC, Dubai, includes the establishment of a cement grinding station with a capacity to produce 0.7 million tonnes of cement annually, which is expected to achieve commercial production by early 2024. The grinding station will be an integral part of the total 1.9 million tonnes per annum cement producing unit.
“This is the best ever news for the infrastructure industry in Somaliland. Thanks to this agreement, the port city of Berbera and the Horn of Africa is bound to experience tremendous infrastructural growth,” said Sinoma Commercial Director Cui Zhaoujun after the signing of the agreement.
MSG Chief Executive Officer Ahmed Saed said: “We are happy to sign this partnership with Sinoma. It is yet another milestone for Berbera which is emerging as an integral port city in the region.”
To achieve complete independence in the cement manufacturing process, MSG Group will install a clinker production unit of 1.5 million tonnes and additional cement grinding capacity of 1.2 million tonnes per annum. The unit will employ the latest technology to minimize its carbon footprint and prioritize the use of locally available raw materials for blended cement production. Additionally, the plant will incorporate a suitable capacity waste heat recovery system for power generation and explore renewable energy options to meet its electricity requirements.
The cement manufacturing unit will strictly adhere to the best international clean environment policies, ensuring minimal carbon footprint and aiming to reduce reliance on fossil fuels. The project envisions achieving commercial production by the end of 2025.
Moreover, the establishment and operation of the cement manufacturing unit will create significant employment opportunities for the local community, benefiting more than 500 Somalilanders directly and an estimated 2,000 individuals indirectly through the development of ancillary businesses. The project is expected to bolster regional and national economic growth.
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