Oct. 12 (Bloomberg) -- Douja Promotion Groupe Addoha SA, a Moroccan real-estate company, plans to spend 300 million euros on a a 500,000 metric-ton cement plant in Guinea, according to the West African nation’s presidency.

The company also plans to invest in a social-housing project, Alpha Conde’s office said in an e-mailed statement today, citing Chief Executive Officer Anas Sefrioui.

To contact the reporter on this story: Ougna Camara in Conakry at ocamara@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net