Mega Construction Projects Boost Bangladesh's Cement Demand
The long-awaited Padma Bridge is nearing its completion after the final span of the 'dream bridge' was installed almost six years after the construction work began in Bangladesh. The bridge’s construction and five other megaprojects have stimulated growth in the country’s construction and cement industry. According to the Bangladesh Cement Manufacturers Association (BCMA), the industry total cement production capacity sector is 65Mta, out of which 35Mta are being used. The annual growth rate of the cement industry was 10-12 per cent before the outbreak of the COVID-19 pandemic, but the lockdown has slowed the growth rate to an estimated 3-6 per cent.
Tags : INTERNATIONAL Cement Demand Bangladesh Cement industry Construction Projects Bangladesh Cement Manufacturers Association