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Pakistan losing major cement market share in Afghanistan

15 Aug 2019 The Khaama Press News Agency

The

Pakistani cement industry is losing its major market share in Afghanistan

mainly due to a sharp rise in the cost of doing business in Pakistan.

Citing the industry

stakeholders, Pakistan’s The Nation newspaper reported that the country’s

cement industry is losing the major Afghan market share to Iranian cement.

The

stakeholders have said government had announced an increase in electricity and

gas prices last month, which was severely damaging the industry.

They also

added that the cement industry is contributing to its role in national exports

in addition to providing jobs to thousands of workers.

However, the

stakeholders said the increased cost of doing business was hurting Industry

which must be curtailed to get maximum share for Pakistan economy.

The post Pakistan losing major cement market share in Afghanistan appeared first on The Khaama Press News Agency.

Original Link: https://www.khaama.com/pakistan-losing-major-cement-market-share-in-afghanistan-03638/

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