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Food import bill surges by over 50pc to $1 473bn - Newspaper
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GB: provincial status - Newspaper
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July 3, 2021
LAHORE: Cement sales and exports saw double-digit growth during the last fiscal year of 2021/22 as robust demand in the domestic market and global offtake continued despite coronavirus uncertainties, industry officials said on Friday.
In FY2021, total cement despatches grew 20 percent to 57.4 million tons from 47.8 million tons in FY 2020, according to All Pakistan Cement Manufacturers Association (APCMA).
Local cement despatches increased 20.4 percent to 48.1 million tons. Exports also increased from 7.8 million tons to 9.3 million tons, showing a growth of 19 percent. APCMA spokesman said the year has been good for cement, as demand has grown considerably because of construction activities.
“Start of construction activities under Naya Pakistan Housing Scheme and good PSDP [public sector development programme] spending helped cement sector witness a record-breaking growth,” said the spokesman.
QUETTA, Pakistan Residents of Gwadar, a city of 90,000 in Balochistan province of Pakistan, are up in arms over barbed wire fencing that’s keeping them out of the area around the city’s new port.
The government is fencing off 24 square kilometers (9.3. square miles) to protect the Chinese-built deep seaport from insurgents. The resource-rich province of Balochistan, which is central to China’s Belt and Road Initiative, has been plagued by sectarian violence, attacks by Islamist militants, and a separatist insurgency that has left thousands of casualties since 2004.,
“Barbed wires are being installed now, but the psychological fencing of Gwadar city had been done years ago by placing check posts and barriers,” said Javed Maula Bakhsh, a local student.
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