New Bangladesh budget offers big projects for cement industry

New Bangladesh budget offers big projects for cement industry
08 June 2018

AMA Muhith, Bangladesh Finance Minister, has presented the government budget for 2018-19 in Parliament announcing a long list of mega projects for the construction of hospitals, school, colleges and other infrastructures that would create huge demand for cement in country.

The finance minister said: "The country is targeting 7.8 per cent GDP growth in the new fiscal year against target of 7.4 per cent for fiscal 2017-18."

Mr Muhith also announced provision of loans to the public for the construction of houses. The main construction projects that will require huge cement demand include:
1. Padma multi-purpose bridge 
2. Padma rail bridge
3. Ruppur nuclear power station
4. Rampal coal-based power station
5. Chattogram-Dohajari to Ramu-Coxes Bazar and Ramu-Gundum railway construction
6. Dhaka Mass rapid transit development
7. Payra sea port (first phase)
8. Sonadia deep-sea port
9. Matarbari ultra super critical coal-fired power plant
10. Maheshkhali floating LNG terminal.

Published under Cement News