Due Diligence

Habesha Cement Company Greenfield 3000 TPD cement Plant in Ethiopia

ESF was retained by PTA Bank to provide independent review services for Habesha Cement Company Greenfield 3000 TPD cement Plant Environmental and Social Impact Assessments Reports against IFC Standards.

The new Greenfield cement plant with a rated capacity of 3000 tons per day (TPD) clinker using preheater/precalciner dry process technology and 45000 TPD Portland Pozzolana Cement (PPC) is to be located central Ethiopia some 35 km West of Addis Ababa

ESF reviewed and highlighted the ‘Key’ gaps identified between the project and existing project documentation and the relevant international environmental and social standards namely the Equator principles and international Finance Corporation (IFC) Performance Standards for Social and Environmental sustainability. Having identified the key gaps, the assessment made recommendations for addressing such gaps and thus aligning the project more closely with the necessary international standards.