Cement industry to grow by 15pc till 2023

KARACHI:  Due to the rising construction activities, the cement industry of the country is likely to grow by 15pc till the year 2023.

invest with imarat

Islamabad’s emerging city centre

Learn More

As per the details, the five cement companies have planned to increase their production capacity by adding new units to their existing infrastructure which will add to the growth of the cement industry.

According to the statistics, the sales of cement is likely to reach 58.6mn tons in the current fiscal year while the increase in demand will take the sale to 70.1mn tons by 2023.

The per capita cement consumption of Pakistan as per the estimates of FY23 is calculated at 251kg which is half of the per capita consumption of 500kg of the world.

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Exploring Kalabagh: The Historic City in Mianwali District

Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…

12 hours ago

Nazimabad Number 2: A Well-Known Residential Area in Karachi

Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…

1 day ago

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

2 days ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

3 days ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

4 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago