Business / Companies
Xhing Xhong Cement Company to build plant in Zimbabwe
01 Jun 2015 at 08:07hrs | Views
The Masvingo Rural District Council has signed a Memorandum of Understanding with a Chinese company that wants to invest in a cement venture, Xhing Xhong Cement Company.
Over 600 families under Chief Charumbira in Masvingo are set to be displaced to pave way for the cement plant. The displacement follows the discovery of rich limestone deposits in the area and about 16 villages will be affected.
Initially, 200 villagers are expected to be employed at the plant, among other benefits to the locals.
Masvingo Rural District Council chief executive officer (CEO), Martin Mubviro said they had since signed a Memorandum of Understanding with a company that wants to invest in the venture, Xhing Xhong Cement Company.
Source - chronicle