Pakistan producers seek 50% inland freight subsidy

Pakistan producers seek 50% inland freight subsidy
Published: 24 December 2009

Pakistan cement manufacturers have sought a 50 per cent subsidy on the inland freight cost to boost cement exports to more than $1 billion, said industry sources on Wednesday. All Pakistan Cement Manufacturers Association (APCMA) has written a letter to the government in this regard seeking a payment of US$36m as the freight equalisation subsidy to the cement factories to get an additional export earning of US$359m.