Phoenix Enterprises Ltd$,$ in its third quarter $2020$ Board meeting, made a strategic decision to consolidate its operations and to pursue corporate growth through the establishment of a cement manufacturing subsidiary in Bayelsa State. In realization of this objective, the company has set up a risk assessment team under your leadership in order to review and identify possible priority risks that Phoenix Enterprises may need to address and control. What are the possible priority risks that the cement company may be confronted with, recommend strategies to address, and mitigate them?