Devki has acquired a parcel of land on the Nakuru-Eldoret highway in Rongai township for the investment.
The facility will have a capacity to produce 750,000 tonnes of cement annually.
Devki Group intends to put up a Sh3 billion cement plant in Njoro sub-county, Nakuru, days after it announced a similar venture in Kilifi.
Regulatory filings with the National Environmental Management Authority (Nema) show Devki Group, owned by billionaire Narendra Raval, has acquired a parcel of land on the Nakuru-Eldoret highway in Rongai township for the investment.
Mr Raval, as known as Guru, said his investment targets customers within Nakuru, Baringo, Narok and Uasin Gishu counties and Western Kenya.
This is the second proposal to Nema for a cement factory in Nakuru after Kitengela-based quarry operator Karsan Ramji and Sons announced plans to establish one at Engashura, seven kilometres from Nakuru town with a capacity to produce 224,000 metric tonnes annually.
Devki’s Nakuru facility will provide employment to 900 people during construction and on completion will have a capacity to produce 750,000 tonnes of cement annually.
Mr Raval has also acquired a 20 hectare parcel of land in Shangi, Kilifi county where he plans to spend another Sh3 billion on a 1 million metric capacity cement plant.
“My aim is to build cement factories close to Kenyans thereby ensuring ex-factory prices are kept at the most probable minimal cost,” he said.
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