Home News $40 Million MACCEM Cement Plant Nears Completion as CEO Responds to Allegations

$40 Million MACCEM Cement Plant Nears Completion as CEO Responds to Allegations

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Chief Executive Officer of MACCEM Industries SL Limited, Ahmed Mackie, has strongly denied allegations of tax evasion and the production of substandard cement, describing the claims as misleading and without merit.

Speaking in an exclusive interview with this medium, the Romanian businessman said MACCEM remains fully compliant with Sierra Leone’s tax laws and continues to produce high-quality cement that has gained widespread acceptance across the country.

“Our cement has proven to be one of the best in Sierra Leone and is among the most widely sold products on the market,” Mackie said.

“The allegations against our company are misleading and do not reflect the reality of our operations.

“Responding to claims of tax evasion, the MACCEM CEO maintained that the company meets all of its tax obligations.”We pay all our taxes, amounting to billions,” he stated, adding that the company operates transparently and remains committed to contributing to Sierra Leone’s economic development through tax payments, investment and employment.Mackie also revealed that construction of the company’s estimated US$40 million cement factory at Hastings is now in its final stages, with completion expected before the end of 2026.

According to him, the state-of-the-art cement grinding plant will significantly strengthen local cement production, reduce dependence on imported cement and improve the stability of supply in the domestic market.

The Hastings facility is expected to have an annual production capacity of approximately 657,000 tonnes, enabling it to meet a substantial share of Sierra Leone’s cement demand. The project is also expected to generate thousands of direct and indirect employment opportunities while supporting industrial growth.

The company previously secured financing from the International Finance Corporation (IFC) to support the development of the project, which incorporates modern production technology and renewable energy components aimed at improving efficiency and reducing environmental impact.Beyond the factory itself, Mackie said the investment has already created thousands of technical, skilled and casual employment opportunities for residents of Hastings and neighbouring communities during the construction phase.Community stakeholders have welcomed the investment, noting that the project has stimulated economic activity within the area and created new opportunities for local businesses and workers.

The company said worker safety remains a top priority, with the factory designed to operate under modern industrial standards requiring employees to use appropriate personal protective equipment and adhere to strict occupational health and safety procedures.

Mackie also highlighted the company’s commitment to maintaining positive labour relations, stating that MACCEM places significant emphasis on employee welfare and compliance with labour regulations.As construction progresses towards completion, the company expressed confidence that the new factory will play a major role in supporting Sierra Leone’s industrialisation agenda, expanding local manufacturing capacity and contributing to long-term economic growth.

The MACCEM CEO reiterated that the company remains focused on delivering quality cement, fulfilling its tax obligations and completing the landmark investment by the end of 2026, despite what he described as unfounded allegations directed against the company