Dangote Projects Becomes World’s Largest Construction Company With Nearly 7,000 Equipment
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Dangote Projects Ltd, the construction arm of Dangote Industries Limited, has emerged as the world’s largest construction company by equipment holdings with close to 7,000 machines.
The Group Vice President of Dangote Industries Limited, Edwin Devakumar, disclosed this during a briefing on Friday when Kenyan President William Ruto visited the Dangote Petroleum Refinery in Lagos.
Devakumar said the company initially acquired 2,563 pieces of construction equipment, including 320 cranes, for the refinery project, which made it the second-largest construction company in the world at that time.
He said the company has now become the largest after acquiring more than 4,000 additional pieces of equipment for the expansion of its refinery and fertiliser projects.
According to him, the fleet has now grown to nearly 7,000 construction equipment, making Dangote Projects the largest construction company globally by equipment holdings.
Devakumar explained that the large equipment base was built out of necessity because the Nigerian construction industry lacked the capacity to handle a project of the refinery’s magnitude.
He noted that the group had approached leading construction companies in Nigeria before starting the project, but they admitted they did not have the capacity to execute it.
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The option of bringing foreign construction firms was considered, but it would have required them to ship equipment into Nigeria and take it out after completion, hence the decision to acquire its own fleet.
Beyond equipment, Devakumar said Dangote had to build its own supply chain and supporting infrastructure for the refinery project.
He said ready-mixed concrete was not available in the required quantities, so the group invested in a quarry with a capacity of 10 million tonnes per annum after obtaining a mining licence and environmental approvals.
The company also acquired 8,200 concrete pumps and 203 transit mixers to support concrete production and material movement on site.
In addition, Dangote built its own port because existing port infrastructure could not handle extremely heavy equipment, with the heaviest equipment brought to the project weighing about 3,000 tonnes.
The project also required accommodation for workers. Dangote built facilities for 50,000 people, while at peak about 63,000 workers were on site. The accommodation helped isolate workers during the COVID-19 pandemic.
He added that more than 70 percent of the refinery site was initially swamp. The company used swamp buggies to clear the area and pumped sand from offshore to raise the site while avoiding disruption to local fishermen.
Meanwhile, Dangote Group is preparing for another major refining project in Africa. The groundbreaking for its planned refinery in Lamu, Kenya is scheduled for September 30, 2026.
The planned refinery will include a 1,000 MW power plant, twice the capacity planned for the Lagos facility, with half of the electricity expected to be supplied to the Kenyan government.
Engineers India Limited has been appointed under a contract worth over 450 million dollars to provide project management consultancy and engineering, procurement and construction management services for the refinery and petrochemical complex.
On financial performance, Devakumar said Dangote Group reported about 17 billion dollars in revenue in the first half of 2026 and is on course to reach 36 billion dollars for the full year, compared to 18 billion dollars recorded in 2025.
The group is also expanding the Dangote Petroleum Refinery in Lagos, with plans to increase crude-processing capacity from about 700,000 barrels per day to 1.4 million barrels per day.
The expansion will include a new 750,000 barrels per day crude distillation unit and is expected to be completed by 2028, with a target of reaching 1.4 million barrels per day by 2029.
Dangote Group plans to spend about 50 billion dollars in capital expenditure between 2026 and 2030, compared to 25 billion dollars invested in the previous five years, as part of its Vision 2030 strategy to grow into a 100 billion dollar company.
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