Cement News tagged under: foreign direct investment

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Net FDI to Pakistan continues to contract in cement and construction in 9MFY20

22 April 2020, Published under Cement News

The State Bank of Pakistan (SBP) has released foreign direct investment (FDI) data for the nine months of the current financial year 2019-20 and March 2020. It shows that the country received a higher FDI of US$2.696bn against US$2.146bn in the corresponding July-March period of the last fiscal year of 2018-19. The March alone it attracted US$319.8m.   However, in 9MFY20 net FDI amounted to US$2.148bn, up 137 per cent from US$905.1m in the corresponding period of the last fiscal year.   Chin...

Cement and construction sectors struggle despite net FDI growth

17 March 2020, Published under Cement News

The State Bank of Pakistan (SBP) has released foreign direct investment (FDI) data for February 2020 and eight months of the current financial year 2019-20. It showed that the country received US$2.24bn against US$2.36bn in the corresponding July-February period of the last fiscal year of 2018-19.   In February 2020 FDI inflows amounted to US$332.5m compared to US$179.1m in the corresponding month a year earlier.   However, in July-February, net FDI amounted to US$1.85bn, up 75 per cent fro...

Pakistan attracts lesser FDI in FY19

18 July 2019, Published under Cement News

Pakistan received a net foreign direct investment (FDI) of US$1.737bn in last financial year, FY18-19 compared to US$3.471bn in July-June 2017-18. This translates a fall of 50 per cent foreign direct investment in the country industrial sector, including construction and cements industry, says a report of State Bank of Pakistan (SBP). A breakdown of SBP data shows that the net total FDI in the cement and construction sectors decreased 38.9 per cent YoY in the 12-month period. Out of th...

Pakistan's cement and construction FDI falls

18 March 2019, Published under Cement News

According to State Bank of Pakistan (SBP), total foreign direct investment (FDI) into country during July 2018-February 2019 fell by 22.6 per cent compared to same period last year. The SBP data shows that the country received investments worth US$1.61bn during the first eight months of current fiscal year, down 23 per cent from US$2.09bn in the same period last year.   FDI in cement and construction sectors have also been impacted. Out of the country's total FDI, Pakistan's construction i...

Pakistan cement industry receives US$54.1m FDI

22 June 2018, Published under Cement News

Pakistan’s cement industry has received a net foreign direct investment (FDI) of US$54.1m in July 2017-May 2018, up 63 per cent when compared with July 2016-May 2017 when FDI reached US$33.3m, according to data published by the Pakistan’s central bank, the State Bank of Pakistan. Overall investment including other sectors slipped from US$2.5bn to US$2.47bn over the same period.

PT Indocement

28 October 2015, Published under Cement News

PT Indocement, along with the country’s other cement producers, will be hoping that the latest foreign direct investment (FDI) announcement from the Indonesia Investment Co-ordinating Board (BKPM) will spur on infrastructure investment, leading to an increased demand for cement. FDI into Indonesia grew by 18.1 per cent YoY in 2Q15 to US$6.86bn, according to BKPM. It is hoped that the steady inflow of FDI will help boost the country’s economy which slowed in terms of growth to a six-year...