Pakistan cement demand to reach 36Mt by 2012
At the current pace of growth, cement consumption in Pakistan is expected to increase from present 21Mt to 36Mt by 2012 while exports would touch 12Mt from present export volume of 3Mt.
President Pakistan Engineering Council Engineer Husnain Ahmad stated this at the international conference on strength and durability of cement structures organized by University of Engineering and Technology.
He said per capita cement use is one of the yardsticks to evaluate the developmental status of a nation. Pakistan he added is way behind developed countries in use of cement for construction purposes.
However he added the cement consumption is increasing rapidly in the country. He said the cement consumption has doubled from 10Mt in 2000 to 21Mt now. He said the consumption is expected to increase by another 15Mt in next five years.
He said it was commendable that the local cement industry has regularly increased its production capacity much above the local demand. He said this policy is now paying of as the cement exports have already reached three million ton.
He said exports are likely to increase by another 10Mt on the strength of demand from neighbouring countries of Afghanistan and India. He said cement production capacity would reach 54Mt in next five years that would be higher than the combined domestic and export demand.
Published under Cement News
