Sino-Zim to set up $50 million brick plant

Chinese parastatal China National Materials Group Corporation (SINOMA) has availed $20 million to its Gweru-based subsidiary, Sino Cement Zimbabwe, for the setting up of a state- of-the-art brick and tiles manufacturing that will see the cement producing company creating over 200 jobs.

Sino Cement managing director Wang Yong said the project, which is estimated to cost about $50 million, will be in three phases.

He said the first phase would see Sino Cement construct a brick manufacturing plant with a capacity of making 60 million bricks annually at a cost of about $20 million.

Wang said the company was looking forward to completing construction of the first plant under the first phase by mid-next year.

He said once completed the project will generate more than 200 jobs for local people.