An Operations and Maintenance contract with Cimento Nacionale Ltda, a major cement producer in Mozambique, is the first step in ASEC Engineering’s plans for geographical expansion into Sub-Saharan Africa.
ASEC Engineering and Management, is a subsidiary of Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East.
“This contract with Cimento Nacionale Ltda is the first step in ASEC Engineering’s plans to expand its footprint outside the MENA region into Sub-Saharan Africa,” said Khaled El Sebaie, CEO of ASEC Engineering. “Our ability move into new territories is the result of the well-established reputation as a regional cement, engineering and construction group.”
ASEC Engineering is a leading provider of O&M services for cement plants in Egypt and the MENA region. The company will utilise its know-how and expertise to boost production, reduce costs, and improve quality at Cimento Nationale Ltda, located near Maputo.
