Cement Benefits From China-Pakistan Economic Corridor

Byjirong

Updated Tue, 07 Jun 2016 15:22:33 GMT

The China-Pakistan Economic Corridor is expected to boost cement production in Pakistan, reports Finance Sina.

The joint project between China and Pakistan brought hopes for an investment wave in Pakistan that will benefit the country’s entire industrial sector, especially the cement and steel ones.

Pakistan is already a large cement producer, taking advantage from large limestone and gypsum deposits. It currently exports cement to several countries including Iran, India, and the UAE. Traditionally, Pakistan is a large supplier of cement to Afghanistan – having exported 2.5 million tons of cement into the country – and is currently selling large amounts to Iraq, helping with the reconstruction works. Other potential buyers include Yemen, Sudan, Ethiopia, and Algeria. DGKhan Cement is currently building a new cement plant in the country.