Pakistan eyes Bangladesh market to boost cement exports

SAPM directs SBP to coordinate with envoy in Dhaka for a list of Bangladeshi cement importers; Port Qasim Authority to increase its capacity storage by 30,000 metric tons for cement exports 

Pakistan targets Bangladesh market to boost cement and clinker exports as Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan directs the State Bank of Pakistan to coordinate with Pakistan’s Ambassador in Dhaka to obtain a list of Bangladeshi cement importers.

He emphasized that this list would facilitate Letters of Credit for Pakistani banks operating in Bangladesh and enhance the competitiveness of Pakistani cement.

The PM’s aide on Thursday chaired a meeting of the Task Force on enhancing cement and clinker exports, reaffirming the government’s resolve to extend maximum facilitation to exporters in achieving the set goals.

The meeting was attended by Prime Minister’s Coordinator Rana Ehsan Afzal, Arif Habib, representatives of Port Qasim Authority, Karachi Port Trust (KPT), State Bank of Pakistan, Board of Investment, Gwadar Port Authority, and senior government officials. The task force briefed the meeting on its progress and ongoing initiatives.

Akhtar Khan said that two additional multi-purpose berths at Port Qasim would be completed soon and sought a clear timeline for their establishment.

The Chairman of Port Qasim Authority informed that a proposal had already been submitted to the PQA Board for approval of 30,000 metric tons of additional storage capacity.

He also assured that the repair of existing storage facilities would be completed by December 2025.

The Chairman of KPT apprised that berths numbered 10 to 17 would be completed by April 2026.

To further streamline operations, the SAPM constituted a sub-working group comprising representatives from the Ministry of Railways, Ministry of Maritime Affairs, KPT, and Arif Habib.

The group would identify land near Karachi Northern Bypass for establishing truck marshalling yards.

He underscored that the establishment of these truck marshalling yards would help reduce both time and cost for cement transportation.

 

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