Pakistan cement output up 6.6% YoY

Cement output in Pakistan during the first 10 months (July-April) of FY17 increased by 2.12 per cent on a MoM basis and 6.63 per cent on a YoY basis.
 
According to data released by the country's Federal Bureau of Statistics, the domestic cement industry produced 3.33Mt in April 2017 compared to 3.258Mt in April 2016.
 
On cumulative basis, during July-April 2017 cement production totalled 31.12Mt vs 29.17Mt in the same period a year earlier.

The industry growth was due to higher local dispatches for the housing segment, higher government allocation for development projects and Pakistan-China Corridor related-works.