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

By Walter Jayawardhana

Pakistan’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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