Low-cost housing is the dire need since the housing backlog is around 10 million units in Pakistan at the moment. Let alone the impoverished and the poor or the working class to be precise, even the lower-middle class cannot think of buying a house in the wake of high inflation coupled with rising unemployment. Those earning up to Rs80,000/- (eighty thousand rupees) per month find it hard to keep body …
Read More »Cement export to Afghanistan declined by 58 percent Despite earnest support to Afghan economy besides offering tariff free transit trade, the export of different commodities required for infrastructure development are on the decline to such an extent that the export of cement, the basic need for development, has declined by 58 percent to Afghanistan. Although the reasons for declining exports are being attributed to the withdrawal of NATO forces …
Read More »Hike in steel price may stall construction activity Utilization of Public Sector Development Program (PSPD) spending announced in Federal Budget 2014-15 worth Rs525billion, up 24 percent compared to previous one, is crucial for growth not only of the cement industry but other 48 industries allied to construction industry. However, it is important to mention that on one hand the implementation of development plan will help construction activity and allied …
Read More »Development under CPEC will transfer goods and commodities worth billions of dollars every year Cement is the chief essential constituent of construction activity. The current demand-supply situation in the cement sector indicates excess cement production capacity in the country. During the past one decade, the cement manufacturing has been buoyant in Pakistan and the industry has shown tremendous growth in recent years. Owing to the increasing local and export …
Read More »APCMA seeks abolition of Gas Infrastructure Development Cess Interview with Mr. Muhammad Ali Tabba – Chairman, APCMA All Pakistan Cement Manufacturers Association (APCMA) is the apex body of the cement manufacturers of Pakistan. It is registered body under section 3 of the Trade Organization Ordinance 2007 wide license No. 14, dated April 26, 2008 issued by Ministry of Commence. It was incorporated on 14th of September 1992 under section …
Read More »Cement and steel remained the dominant industries in developing the sustainable society and a country. Although the related companies to these industries are highly competitive to generate employment, export earnings, tax revenues and innovations but are much concern to health and vitality of human life and nature. Both cement and steel sectors of Pakistan are likely to get a boost from the tremendous construction activity generated through multi-billion dollar …
Read More »Cement, steel, other industries set to grow The China-Pakistan Economic Corridor (CPEC) has become a major attraction for domestic as well as foreign investors who see this project as catalyst for Pakistan to grow its economy at a pace achieved by leading regional peers. Soon after the launch of the project, some major business groups have already invested in expanding their production capacity of such materials as cement, steel, …
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