Cement News tagged under: FDI
FDI grows in Pakistan but cement and construction sectors lag behind19 February 2020, Published under Cement NewsPakistan received a net total foreign direct investment (FDI) of US$1.563bn during first seven months of FY19-20 (July 2019 - January 2020) compared to US$943.6m in the comparative period of a year earlier. This represents an increase of 65.70 per cent YoY, mainly due to a high inflow of investment from China, Norway, Japan, Malta, South Korea and other countries in all sectors, according to the State Bank of Pakistan. However, the increasing FDI trend has not been evidenced in the country'... |
FDI falls QoQ in Bangladesh23 January 2020, Published under Cement NewsBangladesh received gross foreign direct investment (FDI) of US$716.48m during the 3Q19 for the cement, textile, power, telecommunication, banking, foods, construction, trading, gas and petroleum, leather, chemicals, fertiliser, IT industry and other sectors, according to data released by Central Bank of Bangladesh. The country had received US$973.28m in previous quarter of April-June 2019 period and US$1.331bn in January-March 2019 period. This amounts to US$3.021bn between January-Septe... |
Increased FDI inflows in Pakistan yet to positively impact cement19 December 2019, Published under Cement NewsAccording to data of the State Bank of Pakistan, Pakistan has received a net total foreign direct investment (FDI) of US$850.01m during first five months of current financial year (July and November 2019), compared to US$477.3m received in same months of the previous year. This represents an increase of 78 per cent YoY, mainly due to a high inflow from Norway and China between July and November 2019. However, this increasing trend in FDI was poorly reflected in the investment in the country... |
Pakistan's FDI shows recovery in 4MFY19-2019 November 2019, Published under Cement NewsPakistan has received net foreign direct investment (FDI) of US$650m between July and October 2019 period, compared to US$191.9m received in first four months of last year. This represents an increase of 239 per cent YoY, mainly due to high inflow from China and Norway during this period. However, this increasing trend in FDI, did not influence investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement... |
Pakistan's FDI continues to slide in 1QFY19-2018 October 2019, Published under Cement NewsPakistan has received net foreign direct investment (FDI) of US$542.1m in the July-September 2019 period, compared to US$559.4m, received in same months last year. This represents a fall of three per cent YoY, mainly due to lower inflow from China during this period. The drop trend in FDI also impacted investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement attracted investment of US$12.2m and con... |
Pakistan cement production remains flat in July 201927 September 2019, Published under Cement NewsThe data of large-scale manufacturing industries (LSMI) shows a negative trend in Pakistan's manufacturing sector in July 2019, including cement industry, says Pakistan Federal Bureau of Statistics. The LSMI output decreased by 3.3 per cent for July 2019 compared to July 2018 and increased by just under one per cent per cent when compared to June 2019. The production in July 2109 as compared to July 2018 has increased in fertilisers and electronics while it has significantly decreased in f... |
Pakistan's FDI slips in July 201928 August 2019, Published under Cement NewsPakistan received foreign direct investment (FDI) of US$168.4m in July 2019, compared to US$264.6m received in July 2018. This represents a fall of 36.4 per cent YoY. The drop in FDI also affected investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement attracted investment of US$4.1m and construction sector US$1.1m, compared to US$4.1m and US$54.7m in July 2018. Therefore, the Pakistani government i... |
Nepal's cement producers recommend barring FDIs19 August 2019, Published under Cement NewsNepal’s cement producers have recommended barring foreign direct investments (FDI) in the sector during a discussion with Matrika Prasad Yadav, the Minister for Industry, Commerce and Supplies, according to The Rising Nepal. "We will have become self-reliant in cement and by the end of 2020, we will have product surplus. Bringing in more FDI in large cement industry will be suicidal for the existing businesses and the newcomers as well," said Dhruba Thapa, president of the CMA. However, ... |
Pakistan's cement and construction FDI continue to slide23 April 2019, Published under Cement NewsThe State Bank of Pakistan (SBP) has reported a contraction of investment for local industries including cement during 9MFY19. According to central bank, total foreign direct investment (FDI) into country during first nine months of ongoing financial year, July 2018-March 2019, fell by 51.4 per cent. The SBP data shows that the country received investment worth US$1.27m during the first nine months of current fiscal year, down more than 50 per cent from US$2.62m in the same period last y... |
Pakistan cement sector records 7.3% fall in FDI21 December 2018, Published under Cement NewsPakistan’s cement and construction industries received a total foreign direct investment (FDI) of US$265.3m during the July-Nov 2018 period, according to the State Bank of Pakistan. This translates to a fall of 10.7 per cent YoY compared to US$296.9m of the year-ago period. The cement sector alone attracted US$22.9m of FDI in the first five months of FY18-19, decreasing 7.3 per cent YoY from US$24.6m. Meanwhile, the construction industry saw a decline of 10.9 per cent to US$242.5m. |