Bamburi Cement has unveiled plans to expand its Nairobi processing plant at Sh902 million, raising stakes in an oversupplied industry.
Increased capacity for the biggest cement maker could further depress prices, offering a huge reprieve to the construction sector and millions of prospective home owners. Details of the investment plan indicate that the capacity of the Athi-River based factory will rise by half to 2.3 million metric tonnes a year.