Domestic cement demand this year may rise by up to 10 per cent from the 30Mt seen in 2004, on the back of the government’s plan to launch infrastructure projects, the Kompas daily reported, quoting PT Semen Gresik’s president Satrio. Semen Gresik is however likely maintain its domestic market share at 43-44 per cent as its production is reaching its maximum capacity, Satrio said.
At yesterday’s Infrastructure Summit, the government said it will offer 91 infrastructure projects worth more than US$22.5bn in the first of two batches of infrastructure projects to be put up for tender in early March. It plans to offer a second batch of projects worth around US$53bn in November. The government has said that it will push infrastructure development to spur economic growth and cut unemployment.