Double-digit rise in Nepal cement sales

Double-digit rise in Nepal cement sales
23 January 2014

Nepal-based cement producers have reported a 10-15 per cent YoY increase in 2013 cement sales as the construction of dams, bridges and housing projects boosts demand.

According to the Nepal Cement Manufacturers Association, there are around 44 cement facilities, of which around 12 are able to produce clinker.

Despite local production being able to satisfy domestic demand, around 15 per cent of cement requirements are imported, according to Tara Pokharel, general secretary of the association.

Sharp increases in demand have encouraged many companies to enter the market, while existing producers have been enhancing their capacity. The Dangote Group has reportedly asked the government of Nepal to help it find land to build a cement plant with an investment of US$800m.

Published under Cement News

Tagged Under: Nepal Dispatches Construction