(PRESS RELEASE) BAAR, 4-Sep-2019 — /EuropaWire/ — Sika further starts operations in new facility for mortars in Cameroon, further expanding its presence in West Africa. The company invests in a new mortar manufacturing facility following the foundation of the national subsidiary in 2016 and the opening of a concrete admixture plant in 2017. Sika now has 22 factories in total on the African continent. This year, the company has already invested in new facilities in Egypt and Senegal.
The new mortar products factory located in the major city of Douala will expand Sika’s product portfolio and will supply customers in Cameroon’s construction market with locally manufactured products. Cameroon’s building industry is developing dynamically under the stimulus of investments in infrastructure and housing construction.
It is expected that Cameroon’s construction industry is expected to grow by 8.4% in 2019, with annual growth averaging 7.4% until 2028. Making the country’s construction market the market with the highest dynamics in West Africa.
Sika product are used in major infrastructure projects like sports stadiums, the Douala Grand Mall and Business Park Project, and facilities for water treatment and the supply of drinking water which are being constructed across the country.
Ivo Schädler, EMEA Regional Manager said: “We are continually expanding our business on the African continent and are recording the strongest growth rates in the EMEA region. Over the past four years, we have increased sales by an average of 22 percent each year. Our investments in expansion will create the basis for further market penetration in Africa, where the boom in the construction industry is being driven by high population growth combined with urbanization trends and megacity developments.”
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SOURCE: Sika AG