Cement makers eye a turnaround
Cement manufacturing sector grew at a a meager 11% in 2012-13 and to only single digits in 2013-14, down from its peak of 31% in 2009-10. Sluggish demand from political unrest in 2013 and 2015 affected this sector, but cement makers are anticipating a turnaround next year.
Big infrastructure projects, the Padma bridge, an elevated expressway, metro rail, a few flyovers, a tunnel in Chittagong and seaports are part of the economies plan. These projects are expected to make a turnaround for the cement manufacturers, with a possible growth of 20-25% in the coming 5 years.
Cement manufacturing sector grew at a a meager 11% in 2012-13 and to only single digits in 2013-14, down from its peak of 31% in 2009-10. Sluggish demand from political unrest in 2013 and 2015 affected this sector, but cement makers are anticipating a turnaround next year.
Big infrastructure projects, the Padma bridge, an elevated expressway, metro rail, a few flyovers, a tunnel in Chittagong and seaports are part of the economies plan. These projects are expected to make a turnaround for the cement manufacturers, with a possible growth of 20-25% in the coming 5 years.
