Dec. 6 (Bloomberg) -- Pretoria Portland Cement Ltd. plans to invest $200 million in a new cement factory in southern Mozambique in February, Radio Mozambique reported.
The plant will have the capacity to produce 600,000 metric tons of the building material annually, the Maputo-based broadcaster said, citing Inorico Borier, managing director of Kangela Ltd., an official representative of PPC in Mozambique.
PPC is completing environmental-impact surveys and other studies, Radio Mozambique said.
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