the Kenyan multimillionaire Narendra Raval will invest $ 110 million in the construction of a new plant for the production of roofing sheets in Lucania, near Nairobi.
According to reports in the Kenyan media, Raval said that his company Devki Group plans to Finance the construction of a new plant at the expense of own funds and loans from Citibank and Barclays Bank.
currently, Raval turned to the National office for the protection of the environment permit the design of the plant. The plant, which will be built in 2021, will involve more than 700 people, and he will serve the whole East African region.
In the past two years the business Rawal actively developed. In February last year, his company National Cement plant launched the production of cement cost $ 280 million, about 80 kilometers South of Nairobi.
Earlier this year it acquired the assets of the bankrupt Kenyan cement producer Athi River Mining for $ 50 million, and he currently is building two new cement factories in Ngoro, Mariakani in Nakuru and Mombasa.
