Pakistan is set to become the world’s 6th largest cement producer by 2030, up from 16th place in 2018. This is according to a forecast by the World Cement Association. Cement is a key indicator of a country’s economic growth and development. In Pakistan, cement sales are on the rise, with a 9.2% increase in October 2019 compared to the same month last year.
The country’s cement industry is growing rapidly, with production expected to reach 85 million tons by 2030. This will account for 2% of global cement production. Currently, China produces over half of the world’s cement, followed by India and the European Union.
Cement is a crucial material for construction, driving the industry forward and creating jobs. It’s used to build homes, factories, schools, hospitals, roads, and infrastructure. In Pakistan, the China Pakistan Economic Corridor projects and new housing developments like Karachi’s Bahria Town are fueling cement demand.
Bahria Town is an impressive project, covering an area of over 70 square miles and set to house over a million people when completed. This is a testament to Pakistan’s growing economy and infrastructure development.
Pakistan, currently ranked 16th, is set to become the world’s 6th largest cement producer by 2030
