Cement firm projects positive growth in construction sector

Dangote Cement Limited says the construction of the Ndola-Lusaka dual carriage way and several other projects in the construction sector will have a positive ripple effect on cement sales.

Company Head of Sales and Marketing, Chooye Hamusankwa, stated that despite the fluctuations in the local currency, the outlook for the construction sector was positive.

Hamusankwa bared his thoughts to Zambia Monitor during the announcement of winners in the “Paka Paka” promotion in Lusaka on Monday.

“Just at the beginning of 2023, as a business we were very optimistic of the construction industry going into 2024. 2023 was a good year for us, as prices were very stable. However, the cost of raw material put pressure on prices,” he said.

Hamusankwa stated that the company was looking forward to the commencement of the road projects as it holds prospects for cement sales.

He said Paka Paka was designed to appreciate its customers and reward their support.

Hamusankwa acknowledged competition in the market, as many companies were now bringing products into market.

“We are a regional brand and the key market is Zimbabwe, The Democratic Republic of Congo, Burundi and Malawi, those four countries are our current export market,” he said.

Hamusankwa said they had invested in the manufacturing plant situated in Masaiti on the Copperbelt Province in order to ensure ready availability of products in the market.

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