According to the latest data from Vietnam's Ministry of Construction (MoC), cement sales in Vietnam rose 13.9% year-on-year to 61 million tons in 2013, exceeding sales expectations of 7.5%. Among them, the domestic sales volume was 47 million tons, with a year-on-year increase of 3.4%; the export volume was 14 million tons, with an increase of 6 million tons over the same period last year; the cement output reached nearly 70 million tons.
2014-01-14
With GDP growth of 5% in fiscal year 2012-2013 and India's urban population set to double from 290 million in 2001 to 590 million by 2030, opportunities in the construction sector can be imagined. The development of the construction sector will inevitably lead to the growth of cement demand, and India's cement demand will have a huge room for growth.
2013-10-30
CEMPI
98.77
+0.08 +0.08%
CONCPI
89.83
0.00 0.00%
CLKPI
101.53
+0.10 +0.10%
SPPI
44.89
0.00 0.00%
MORPI
73.32
0.00 0.00%
Recently, Professor Kitila Mkumbo, Minister of Planning and Investment of Tanzania, met with Anhui Conch Cement Co., Ltd., one of the largest cement producers in China. The company clearly expressed its investment intention, regarded Tanzania as "the preferred place to enter the African market", and planned to set up local operations to fill the gap in the regional market.