New Bangladesh budget offers big projects for cement industry

18th june 2018

AMA Muhith, Bangladesh Finance Minister, has presented the government budget for 2018-19 in Parliament announcing a long list of mega projects for the construction of hospitals, school, colleges and other infrastructures that would create huge demand for cement in country.

The finance minister said: “The country is targeting 7.8 per cent GDP growth in the new fiscal year against target of 7.4 per cent for fiscal 2017-18.”

Mr Muhith also announced provision of loans to the public for the construction of houses. The main construction projects that will require huge cement demand include:

1. Padma multi-purpose bridge
2. Padma rail bridge
3. Ruppur nuclear power station
4. Rampal coal-based power station
5. Chattogram-Dohajari to Ramu-Coxes Bazar and Ramu-Gundum railway construction
6. Dhaka Mass rapid transit development
7. Payra sea port (first phase)
8. Sonadia deep-sea port
9. Matarbari ultra super critical coal-fired power plant
10. Maheshkhali floating LNG terminal.

Source: CEMNET