According to Pakistan's Business Record and Express Tribune on April 13, Mohammed Ali, chairman of the All-Pakistan Cement Production Enterprise Federation, told the media recently that Pakistan's cement industry has entered a golden period of development, which will continue for several years to come. According to the existing investment plan, in the next three years, Pakistan's cement industry will increase investment by 700 to 1 billion US dollars, and the annual output of Pakistan's cement will increase by 10 million tons.
Ali pointed out that the current annual output of cement in Pakistan is 46 million tons, the annual demand is 38 million tons, and the capacity utilization rate is 80-85%. In the 2015-16 fiscal year, under the stimulation of factors such as the stabilization of Pakistan's macro-economy, the prosperity of the construction industry and the construction of China-Pakistan Economic Corridor, Pakistan's cement sales are expected to achieve an increase of more than 20%. The four largest cement enterprises in Pakistan are optimistic about their future development and have decided to expand their production capacity, which will be implemented in the next three years.
Ali believes that the development of cement enterprises in Pakistan is still facing many difficulties, including the lack of industrial policy support from the government, the high cost of gas, the heavy tax burden, the pressure of foreign cement dumping caused by the decline in international cement prices , and the impact of a large number of smuggled cement from Iran on the market. And called on the government to reject Iran's plan to invest in the construction of cement plants in Baluchistan.
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