Sunday, August 2, 2009

Pakistan ranked 5th in cement exports, surpasses Germany: Daily Times

By Moonis Ahmed

KARACHI: Pakistan has been ranked 5th in the world’s cement exports after a jump of 47 percent in exports during last fiscal year, the Global Cement Report shows.

According to the report, China ranks first with 26 million tonnes in exports, while Japan grabbed the second position by exporting 12 million tonnes. The third largest cement exporter in world is Thailand with around 12 million tonnes, followed by Turkey with 10.6 million tonnes.

Pakistan has left Germany behind by exporting 11 million tonnes of cement during last fiscal year. Germany now stands at 6th position with 9 million tonnes exports.

Irfan Amanullah, Chief Financial Officer of Attock Cement Limited, while talking to Daily Times said that Pakistan secured this position because of high demand and by capturing new markets.

He said that Pakistan could achieve the mark of 13 to 14 million tonnes exports by the end of the fiscal year if the government provides better infrastructure facilities.

He was of the view that the demand had remained firm during the year that helped to reach this mark in exports. “The new markets explored by the exporters include some of African countries, Qatar and Iraq,” he said.

For more on this article, please click on the following link: Pakistan ranked 5th in cement exports, surpasses Germany: Daily Times

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