Saudi cement sector continues to thrive

Saudi cement sector continues to thrive
Published: 18 June 2012

Tagged Under: Saudi Arabia 

The Saudi Arabia cement sector continues to go from strength to strength and a report released earlier this week shows that local cement demand is forecast to grow at a CAGR of 6% to 2015, driven by the country's development plan. The report by Al Rhaji Capital notes that the pace of growth in Saudi Arabia is the highest in the GCC. The strong increase is purely organic due to higher cement dispatches, strong demand and efforts by the government to stabilise prices in the region.





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