Windhoek — Karibib Portland Cement (KPC) is set to invest N$1,8 billion in a cement plant and a mine 12 kilometres northeast of Karibib.
The investment includes the establishment of a mine, the building of a cement factory and essential infrastructure such as access roads and rail links.
The mine will provide limestone and other raw materials to make cement.
The project will create 250 permanent jobs for skilled, semi-skilled and unskilled labourers.
KPC Managing Director Jorge Gamito told Nampa that the construction of the factory would start within a month and a half and take 13 months to complete.