The Second Biggest Cement Factory In The Horn Of Africa To Be Completed Next Year In Berbera!

I did some more research on this project, I was going to ask who ina aw said is but just decided to find it myself. His full name is mohamed said guedi, he is the owner of MSG group of companies

It is based in Dubai and is involved in multiple sectors which include trading. It started off as an import export business in the 80s focused on tobacco and built on that. He expanded into other sectors, like logistics services, telecommunications, construction...

He has grown his wealth and has lots of connections too.
This cement plant is his latest venture, going under the name Horn Cement this project started around 2022 not sure.
There was an Italian article on their website (horncements.com) that wrote a section about their project.
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The cement plant will cost 60 million dollars
It will produce 1.2 million tons of cement per year
Bedeschi - also a manufacturing company is involved.
But I also see that Chinese Sinoma Comapany is involved.
Theres not much information about the project really, most of the information is probably confidential.
But on facebook I did see an old post where they (Msg, Horn Cement) signed a memorandum of understanding with the chinese Sinoma company. Its a chinese state run cement company so they have loads of expertise.
So my theory is its mostly funded by MGS group (Aw Said) with additional investment from bedeschi, and they contracted Chinese Sinoma company to build and engineer the plant.
The plants location is 10.40779, 45.02561, construction seems to have begun early 2024 late 2023 and is starting to wrap up around now. Which aligns with their plans of finishing this plant in 2024.



I heard berbera is a special economic zone, they built a massive port there too so its good businesses are taking advantage. But I wonder if the agreement is fair.
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No land will be ceded
 

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