CIMERWA’s future is looking very positive since it has signed an engineering procurement contract with a Chinese company (Pengfei) to install a new plant that will produce 600,000 tons using the new technology (dry process and using fuel/peat combination as fuel). The new plant will make CIMERWA more competitive within the Rwanda market, as well as opening up new markets in the East Africa Community (“ECA”). The quality of CIMERWA’s cement is high therefore making it competitive on the market. It is clear that once the operating margins increase, CIMERWA will be in a favorable position to increase its market share, both within the Rwanda national and regional markets.

RIG S.A as the majority shareholder, has restructured the management team, is introducing high tech equipment, reviewing the supply channels, redesigning its marketing strategy and ensuring that resources are adequately utilized.

Extra investment may be required to install a conveyor belt from the mines to the factory in order to make savings on transport of raw materials.