The allocation of capital spending in the 2012 budget is expected to reach IDR168.1tr or 2.1 percent of the country’s gross domestic product. According to analysts at ICR Research, this level of support for infrastructure development will ensure continued double-digit growth for the Indonesian cement consumption, which is expected to grow to 45Mt in 2011, up 15 per cent from last year.
Armed groups force closure of Libyan cement plants
Several state-owned cement plants in Libya have reportedly been forced to close, along with t he...