The proposals call for creating conditions for increasing cement production within the context of the national Affordable Housing project; lifting import duties and imposing export duties on cement as soon as possible; improving exchange trading of cement; conducting state intervention on the cement market through commodity exchanges; eliminating regional administrative barriers to the free movement of cement; tackling the problem of the lack of railcars for carrying cement; attracting leading world cement producers to act as institutional investors; introducing and developing a system of direct retail and small-scale wholesale cement sales to consumers; and monitoring the implementation of investment programs by the country’s top cement producers.
The regulator has already submitted a proposal to the Economic Development and Trade Ministry to lift the 5% import duty on cement.
