Cement exports increase by 7.6pc in January

KARACHI: The cement sale in local market rises by 1.9 per cent and the export increase by 7.6 per cent during the last month, ARY News reported.

Chairman of All Pakistan Cement Manufacturers Association (APCMA), Muhammad Ali Tabba said that sale of cement influenced much because of putting cement in third schedule of sales tax.

According to him the export of cement to Afghanistan was recorded at the lowest level as compare to the last six months.

“The main reason behind decline of cement import in Afghanistan is due to lack of development projects in their country and uncertain condition regarding the withdrawal of NATO forces”, he added.

Chairman APMCA said that cement export to India can be increased by 3-5 million tones, if the some of their concerns resolved including non-tariff restrictions.

Muhammad Ali Tabba further suggested to increase banking facilities of both sides. He said that containers and trucks should be allowed till Amritsar.