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News Pakistan Ministry of Commerce proposes energy bill cut for cement plants

Pakistan Ministry of Commerce proposes energy bill cut for cement plants

Written by Global Cement staff 11 December 2020
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Pakistan: The Ministry of Commerce has advised the government that a concessionary rate for cement companies for the supply of electricity would reduce costs and increase international competitiveness. The Business Recorder newspaper has reported that the ministry proposed the measure due to the industry’s ‘immense’ potential for exports. In the 2020 financial year, the country exported US$266m-worth of cement. The ministry said that the current government’s policies would cause this to ‘substantially’ increase.

Last modified on 16 December 2020
Published in Global Cement News
Tagged under
  • Pakistan
  • Government
  • Export
  • Tax
  • Electricity
  • GCW486

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