30 September 2015
DETAILS
Sika is opening
its first concrete admixture and mortar production facilities
in Nigeria and Ivory Coast and
has established new subsidiaries
in Ethiopia and Tanzania
to participate in
the growing marketsin the Sub-Saharan region.
Thus Sika continues
its dedicated and successful expansion strategy
and is enlarging its presence to
sixteen countries on the African continent.
MAJOR GROWTH POTENTIAL
Nigeria is the biggest economy in Africa
in terms of population and GDP.
With roughly 180 million inhabitants and
an expected annual growth rate of approximately 5%,
the country will have major requirements in the construction sector.
With 23 million inhabitants
Ivory Coast represents
one of the smaller African countries, but offers also
a promising growth potential for Sika.
Cement consumption in both countries is expected
to grow by 9% in 2015.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
