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Home / Ivory Coast / ZIC / Cement

Ivory Coast | ZIC

Cement opportunity

With strong governmental support, abundant access to raw materials, and strategic infrastructure advantages, such as well-developed roads and ports, the ZIC provides an ideal environment for cement production. This, coupled with the growing demand for cement in both domestic and regional markets, positions investors to capitalize on a sector poised for significant growth and long-term profitability.

CEMENT BUSINESS IN ZIC, IVORY COAST: KEY ADVANTAGES FOR INVESTORS

Booming Construction Sector: Africa's construction industry is projected to grow at a CAGR of around 6.4% from 2021 to 2026, driven by urbanization, population growth, and infrastructure projects.
Infrastructure Investments and Government Support: Africa's infrastructure investment needs are estimated at USD 130-170 billion annually, with significant government support for development projects.
Strategic Location and Developed Infrastructure: The ZIC zone features well-developed infrastructure, including roads, ports, and power supply. Proximity to the major port of Abidjan ensures efficient logistics and reduced transportation costs.
Abundant Raw Materials: Ivory Coast has abundant limestone and other raw materials essential for cement production, reducing the costs and complexities of sourcing materials.
High Demand: Cement demand is rising due to increased construction projects across residential, commercial, industrial, and infrastructure sectors in Africa.
Favorable Trade Agreements: Regional trade agreements, such as the African Continental Free Trade Area (AfCFTA), provide access to broader African markets, facilitating export opportunities.
Employment and Economic Growth: Investing in the cement industry will create jobs, stimulate local economies, and contribute to sustainable development in the region.