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Fatima Cement

Minister Seeks Timeline For Setting Up New Cement Plants

Pakistan: Provincial Minister for Industries and Commerce Mian Aslam Iqbal Monday asked the companies obtaining the No Objections Certificate (NOC) to give a timeline for setting up a new cement plant.
He was discussing the matter with representatives of companies obtaining the NOC for setting up new cement plants at the Civil Secretariat on Monday.

They discussed in details the progress regarding the timeline for setting up of new cement factories after the issuance of the NOC.

Some of the companies apprised the minister the reasons for the delay in establishment of new plants. The minister said that the company was bound to start work on establishing cement plant within six months after obtaining the NOC. He said that the provincial government had issued 10 NOCs for setting up of new cement factories to promote the construction sector and increase employment opportunities.

He said more NOCs would be issued after the approval by the cabinet.

The minister said that never in the history of the country had so many NOCs been issued in such a short span of time.

Mian Aslam Iqbal said that with the setting up of new cement factories, billions of rupees would be invested in Punjab. It is great that new industries were being set up in the province due to the government’s pro-industry policies.

Among the representative who called on the minister included Brig (retd) Syed Kausar Hussain of Bestway Cement, Asim Khawas Khan of Pioneer Cement, Syed Ahsanuddin of Fatima Cement, Muhammad Tariq of Fauji Cement Limited, Muhammad Ashraf of Maple Leaf, Khurram Shahzad of Kohat Cement, Annan Khan of DG Khan Cement and others.

Secretary Industry and Commerce Dr Wasif Khurshid, Additional Secretary Commerce and officers were also present.

Pakistan cement production rises 27% in 12MFY21

International news agency CEMNET reported, The overall output of the Large-Scale Manufacturing Industries Index (LSMI) in Pakistan increased by 14.9 per cent for July 2020-June 2021 compared to July 2019-June 2020, including local cement production, FBS estimated. Industry attributes the increase in production on the back of a boost in local demand by housing schemes.

During the last fiscal year of July 2020-June 2021, Pakistan’s cement production increased by 27.3 per cent, YoY to 49.803Mt compared to 39.121Mt in the preceding fiscal year. The upward trend in cement output was also noted in June 2021 alone, when it rose by 32.4 per cent to 4.666Mt versus 3.523Mt in the same month last year.