PAKISTAN TO INVEST IN A CEMENT FACTORY IN SRI LANKA
Posted on November 12th, 2009

By Walter Jayawardhana

PakistanƒÆ’‚¢ƒ¢-¡‚¬ƒ¢-¾‚¢s second largest cement maker D.G.Khan Cement Ltd. is planning to invest 10 billion Pakistan Rupees in starting a cement manufacturing plant in collaboration with the Sri Lanka government, the company said.

The CEO of the company Mian Raza Mansha said in Lahore that a two million ton plant has been planned.

The company has projected its sales to South Asia, where Sri Lanka is enjoying the benefits of a trade pact with India.

The Sri Lanka plant will supply Sri Lanka, India and Bangladesh. India has a tremendous appetite for Pakistan cement but the sales are hampered due to transport restrictions.

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