Pakistan can export cement in bulk to meet the emerging demand in Middle East, India, Central Asia and Africa, provided the government creates an enabling environment through relief in taxes, project financing facility, provision of bulk handling facility at ports, etc, and the industry works professionally for cost optimisation.
This was the conclusion drawn at the roundtable on cement industry, organised on Monday at the Institute of Cost and Management Accountants of Pakistan (ICMAP). The roundtable was attended by different stakeholders, ie, Ministry of Industries & Production, Monopoly Control Authority (MCA), Federal Board of Revenue (FBR), Trade Development Authority of Pakistan (TDAP), All Pakistan Cement Manufacturers Association (APCMA), management accounting professionals, etc.
The theme of the roundtable was ’Problems and constraints in cement industry and remedial measures’. Welcoming the participants, M H Asif, Chairman, Research, Quality Assurance & Ethics Committee of ICMAP, said that cement was critical in infrastructure development and housing, thus directly affecting the population at large.