Minister of Mining, Thoko Tembo, says Portland Cement Malawi has the potential to contribute to foreign exchange generation through cement exports.
Tembo said this today during a visit to the company’s Balaka Plant.
He was accompanied by government officials, including representatives from the Balaka District Council, and toured the plant and mining operations to appreciate the company’s contribution to industrial development, responsible mining, and economic growth.
Tembo also commended Portland Cement Malawi Limited for its K200 billion investment in the manufacturing and mining sectors.
The Minister applauded the company for undertaking the large-scale investment, describing the Balaka Plant as a milestone that is supporting Malawi’s industrialisation agenda through increased local cement production, job creation, and economic opportunities.
He further commended Portland Cement for its commitment to responsible mining and sustainable business practices, saying the Ministry of Mining will continue working with the firm.
Portland Cement Chief Executive Officer Liu Jianguo expressed appreciation to Tembo and the accompanying delegation for visiting the Balaka Plant.
He reaffirmed the company’s commitment to producing high-quality cement products that meet required standards while ensuring full compliance with all regulatory requirements governing its operations.
Liu further highlighted Portland Cement’s commitment to environmental protection, responsible mining practices, and workplace safety.
He noted that the company remains dedicated to supporting surrounding communities through various Corporate Social Responsibility (CSR) initiatives aimed at contributing to local socio-economic development and improving livelihoods.
Balaka District Council Vice Chairperson Councillor Tiyanjane Chisowile described the investment as a boost to the district’s socio-economic development.
Chisowile also commended the company for its upcoming construction project at Ngonga Primary School.
There, Portland Cement say they will construct classroom blocks to help improve the learning environment for learners in the surrounding community.
The company was established in 1956 and has other plants in Makata and Lunzu in Blantyre.
