Shayona Cement head of administration Rowland Mwalweni said the company has procured new machines from India to step up production.
The company currently produces 220 tonnes of cement in a day at its factories in Kasungu.
“That is just 20 percent of our capacity. But when the project is completed in 2014, production will dramatically shoot up,” he said.
Mwalweni, however, expressed concerns that the regular power outages, fuel and forex shortages may derail the project.
“We just hope the Joyce Banda regime will work with speed to address the challenges so that we complete the project in time,” he said.
The company currently provides employment to 450 people.