MSG Group inks a deal for a cement plant in Berbera, Somaliland

[Deeq A.]

MSG Group of Companies through its DIFC Dubai based subsidiary company Horn Holding Group ltd (HHG) has signed an agreement with Bedeschi SPA for the construction of phase 1 of a full cement plant which will take about 18 months with an installed production capacity of 700 000 tpy of cement. The entire full plant project shall take 3 years to complete with a production capacity of 3300 t of cement and 3000 t of clinker per day. The agreement is as a result of negotiations lasting over year led by Bergs & More a leading law, tax and financial advisory firm with well established presence in Europe, Middle East and Africa.

Source: Hiiraan Online