| Project name : | FOUTA CEMENT |
| Country : | TOGO |
| Customer name : | FOUTA CORPORATION |
| Type of assignment : | N/D |
| Project description: | |
| Fouta Corporation (the project sponsor) is the largest indigenous import trading company in Liberia. Since its incorporation on February 14, 1995, FOUTA CORPORATION has been engaged in the importation and distribution of rice, cement, steel bars and construction materials; with a strong network of international and local partners.
Fouta is also the second largest player in the cement industry with the import of approximately 200,000 tons of high quality Portland composite cement per year. In order to maintain its position in this market, Fouta Corporation has signed a franchise agreement with Goltas Cement in Turkey to produce and market the same brand and quality of cement in Liberia. The 50 Tph cement plant to be built would produce 3 product variants to be packed, graded and sold in 50 kg bags in accordance with the highest international standards. This strategic decision comes with the expectation that the company will be able to offer better prices and meet the specific needs of the country and the region. |
|
| Services and results : | |
| GTG Partners, acting as exclusive transaction advisor, supported FOUTA in raising debt funds totaling USD 25 million to finance the cement grinding plant. | |
FOUTA cement grinding plant in Liberia
Sectors of activity
Agro-industry
Health
Energy
