National Cement recently secured a Sh4.3 billion facility from Stanbic Bank Kenya to refinance foreign debt incurred during the construction of their new Sh45 billion clinker facility in West Pokot. This investment highlights National Cement’s commitment to growth and Stanbic Bank’s dedication to supporting leading Kenyan corporates.
The new clinker facility, operational for the past four years and already employing 5,000 people, is expected to create an additional 2,500 jobs. This significant expansion will not only benefit National Cement’s production capacity but also contribute to the economic development of the West Pokot region through job creation and the creation of a broader business ecosystem.
President William Ruto himself recognized the importance of this project, calling it a “significant milestone” in Kenya’s industrial growth. With increased production and a focus on delivering high-quality construction materials at competitive prices, National Cement is poised to further empower infrastructure development initiatives across the country.
