Cement News tagged under: CPEC

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Pakistan: FWO seeks approval for new plant in Khyber Pakhtunkhwa

24 February 2017, Published under Cement News

According to reports in the Daily Times, the Frontier Works Organization (FWO) is seeking approval from the Pakistani government to establish a new plant in the Haripur area of Khyber Pakhtunkhwa. Details of the proposal are scant, but the FWO is understood to have met with representatives of the provincial government to discuss the plan. The latter told local media that they welcomed the proposed investment as part of the wider work on the China-Pakistan Economic Corridor. The FWO is ...

Pakistan: construction of US$245m Haripur cement plant gets go-ahead

25 January 2017, Published under Cement News

The chief minister of Khyber Pakhtunkhwa, Pervez Khattak, has approved plans to invest US$245m in the construction of a cement plant in Haripur, The Dawn reports. The moves comes as part of a wider package of measures intended to support projects relating to the China-Pakistan economic corridor. At this point, no further details concerning the size of the plant or the operator have been released. Other projects which received funding at the same time are to be offered to Chinese firms ...

Pakistan: Arif Habib Group to invest PKR25bn in new plant

20 January 2017, Published under Cement News

Arif Habib Group has said that it is going to invest PKR25bn (US$238.5m) in a new cement plant to be completed in the next two years, to be operated by its subsidiary Power Cement. The new plant will take the installed capacity of Power Cement to 3.37Mta from its current capacity of just 0.9Mta. Owing to energy shortages, Pakistan’s GDP is not growing at the pace it should. However, Power Cement Chairman, Nasim Beg, stated that he believed the China-Pakistan Economic Corridor (CPEC) will ...

Pakistan: CPEC to generate 3Mta demand

09 August 2016, Published under Cement News

Pakistan’s cement industry will experience growth thanks to the commencement of construction projects under the China-Pakistan Economic Corridor (CPEC).  Experts have suggested that the projects will generate an additional cement demand of between 1.5-3Mta for Pakistan. In the first half of this financial year, local dispatches showed a growth of 16 per cent YoY to 15.2Mt. Local dispatches are expected to grow a further 15 per cent YoY in the second half of the financial year, reaching...