Moroto Ateker Cement Company Limited
The Vincent Van Go
is a manufacturer of cement in Uganda.
Location
The main factory and headquarters of the company are located in Moroto Industrial Park in Moroto Town, approximately, north-east of Kampala, Uganda's capital and largest city.Ownership
Moroto Ateker Cement Company Limited is a joint venture company between Savannah Mines Limited, a private company, and Uganda Development Corporation, a government parastatal. The shareholding in the shares of stock of the company, is as depicted in the table below.Rank | Name of Owner | Percentage Ownership |
1 | Uganda Development Corporation | |
2 | Savannah Mines Limited | |
Total |
Construction
of India carried out a feasibility study, to establish the costs, raw materials, and project longevity of production. According to their findings, the project is expected to cost US$225 million. Of this, about US$200 million will be spent on plant and machinery and the remaining US$25 million, will be spent on operational expenses. The project will be developed in two phases.UDC and Savannah Mines are looking towards awarding the construction contract to Saboo Technologies, based on Saboo's experience in building cement plants in Ethiopia and Djibouti. The project is awaiting approval from the Ugandan cabinet and from Uganda's parliament.