Foreign direct investment in Pakistan's cement sector rises

News Image

MG News | March 27, 2018 at 10:27 PM GMT+05:00

0:00

Pakistan cement and construction industry have received a foreign direct investment (FDI) of US$516.07 million during first eight months of FY17-18 (July 2017-February 2018), compared to US$190m received in corresponding months of last fiscal year. This translates a growth of 172 per cent YoY.

State Bank of Pakistan data reports that Pakistan's cement industry attracted FDI of US$39.8m and the construction industry US$476.90 million, compared to US$25m and US$165m, respectively in July 2016-February 2017. The Pakistan government inclusive of all sectors has received a total FDI of US$2.44bn during this period.

The Pakistan cement sector has experienced growth particularly in the domestic market for the last three years. According to data released by All Pakistan Cement Manufacturers' Association (APCMA), this fiscal year cement dispatches have exceeded 30 Mt in the eight months period (July 2017-February 2018). In two of these months, cement dispatches passed 4 Mt. The total cement dispatches in the first eight months of this fiscal stood at 30.1 Mt, compared with dispatches of 26.3 Mt during the corresponding period of last year, an increase of almost 4 Mt in eight months. Overall the sector grew by 14.3 per cent during this period.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,080.00 119,265.00
118,675.00
550.00
0.46%
BRENT CRUDE 70.42 70.86
70.39
0.06
0.09%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.47 68.95
68.46
0.02
0.03%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 06:20 PM GMT+05:00

Pakistan, UK to sign Trade Dialogue ToRs


July 13, 2025 at 05:48 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 13, 2025 at 05:44 PM GMT+05:00

Inside NCCPL’s Rulebook Shift


July 13, 2025 at 01:57 PM GMT+05:00

Weekly Market Roundup


July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg