Cement export via Gwadar:
manufacturers turn down government proposal:
The cement manufacturers have turned down the government's proposal to
export cement through Gwadar, because they termed it a costly and
unsustainable activity due to high cost of transportation.
APCMA also confirmed that cement manufacturers had rejected the
proposal due to unsupportable infrastructure at Gwadar port and rise
in cost. The exporters said that they are already exporting cement at
lowest margin due to high competition in the world market and
shrinking construction industry in the Middle East and UAE. Cement
export through Gwadar would put additional burden of some US$6-8 per
ton cement, which is unsuitable for the industry. However, he added
that if the government agreed to pay some subsidy on cement export
and provided facilities at Gwadar, then APCMA would consider the
proposal.
Monday, December 1, 2008
Cement export via Gwadar:
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