Bahrain cement crisis set to ease

Bahrain cement crisis set to ease
09 September 2008

 Bahrain will import 300,000t of cement soon to help overcome a crunch facing the construction sector.

"Bahrain National Cement Company has signed a six-month renewable contract with a Spanish firm", the Industry and Commerce Ministry said yesterday.

A credit line has already been secured to ensure transaction financing.

"Under the deal, Bahrain will be supplied with 50,000t monthly at preferential prices," BNCC administrative director Mohsen Ala’ali said.
Published under Cement News