Expanding investment in major projects in many parts of the country has set off a wave of construction, and demand for cement is supported.

2024-02-21 15:33:00

Major investment projects have the characteristics of long cycle, which means visible medium and long-term market demand expectations for the cement industry, and cement enterprises should also make corresponding plans for their business and development strategies on this basis.

At the beginning of the Spring Festival of the Year of

the Dragon, many parts of the country actively deployed and expanded effective investment, and one after another highlighted the list of major projects in 2024. Policy support should be strengthened to improve efficiency, major infrastructure construction should be done well, and a number of large-scale, structural and dynamic projects should be centralized.

Major projects are the "ballast stone" of economic development and an important starting point for expanding effective investment. A closer look at the list of policies and major projects for expanding effective investment in 2024 announced by many places recently: Guangdong Province has arranged 1508 provincial key construction projects, with an annual planned investment of 1 trillion yuan; Chongqing's list of key projects has initially included about 1200 projects, with a total planned investment of about 2.9 trillion yuan and an annual planned investment of more than 450 billion yuan; Jiangsu Province has implemented 600 major industrial projects, an increase of 100 projects over the previous year, with a total investment of 1549.8 billion yuan and an annual planned investment of 369.68 billion yuan, an increase of 17.8% and 15.0% respectively over the previous year. The construction of

major projects often involves infrastructure construction, real estate development and other large-scale projects, which require a large number of cement as basic building materials, and the centralized start-up of major projects will directly stimulate the demand for cement. In the past two years, the demand for cement in China has declined seriously, and the cement market is very cold. Expanding investment in key projects across the country is undoubtedly of great benefit to the demand for cement.

At the same time, major investment projects have the characteristics of long cycle, which means visible medium and long-term market demand expectations for the cement industry, and cement enterprises should also make corresponding plans for their business and development strategies on this basis.

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