TILL 2023 PAKISTAN’s CEMENT INDUSTRY PROJECTED TO GROW BY 15%. – Ukaaj.com | A great real estate is HERE !

TILL 2023 PAKISTAN’s CEMENT INDUSTRY PROJECTED TO GROW BY 15%.

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TILL 2023 PAKISTAN's CEMENT INDUSTRY PROJECTED TO GROW BY 15%.

As the fashion of constructional activities is on the rise, certainly the industry of cement is growing rapidly the current utilization now helps us to predict & forecast that by 2023 an increase of 15 % will be made.

Currently, the five cement companies have planned to raise the production capacity by induction of new units in their infrastructure that will add an overall growth.

Statistics show that cement is very likely to reach a massive mark of 58.6 million tons this year while by 2023 the increase in demand will take it to 70.1million tons.

Per capita, cement consumption is estimated at FY23 is calculated at 251kg which is half of the per capita consumption in regards to the average 500kg consumption across the world.

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