FDI declines in cement and construction industry in 6MFY19
Pakistan received a total foreign direct investment (FDI) of US$1.31bn during the first six months of FY18-19 (July -Dec), compared to US$1.63bn received in corresponding months...
Construction
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Pakistan cement sector records 7.3% fall in FDI
Pakistan’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 Pakis...
India's GST council may cut tax on cement
India's Goods and Service Tax (GST) council may consider moving construction items, such as cement, out of its highest tax band of 28 per cent in its meeting next week, accordin...
Construction ban on high-rise buildings withdrawn
The Supreme Court of Pakistan has withdrawn its order banning high-rise constructions beyond six floors in the metropolis. A three-judge bench headed by Chief Justice of Pakista...
Karachi builders seek removal of high rise building ban
The Association of Builders and Developers of Pakistan (ABAD) once again called for the removal of ban on the construction of high rise buildings in Karachi city, Sindh province.
ABAD calls for Pakistan's government to support construction in Karachi
The Association of Builders and Developers of Pakistan (ABAD), one of the main cement consumers in the country has called on Prime Minister Imran Khan, Federal Finance Minister ...
Deep into the Saudi down-cycle Premium
Saudi Arabia’s cement industry has faced a challenging few years as construction activity decreased following a more cost-conscious government budget. However, while many positi...
India’s changing trajectory Premium
After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profi...
Germany: spending spree ahead? Premium
The need for Germany to begin spending its accrued budget surplus on infrastructure projects and housing is starting to weigh heavily on the new government. The cement industry ...
Ukrainian cement production falls 3% in 8M18
Cement production in Ukraine for the Jan-Aug 2018 period has fallen 2.9 per cent YoY, according to Pavlo Kachur, head of the Ukrcement Association of Cement Manufacturers. "The ...