High hopes for Bangladesh cement market

The Bangladesh cement industry has a positive outlook as economic growth is driving both public and private construction in the country, after a period of stagnation and uncertainty triggered by recent political unrest. The optimism of the industry for the coming years is reinforced by the government's expressed commitment to actively pursue the completion of urban infrastructure projects including Mass Transit Systems on a priority basis.

The real estate market is expected to be a key driver for increased cement demand as rising levels of income will translate into increased real estate transactions, both for residential as well as for commercial use. However, the outcome of the following years is highly dependent on promised foreign support, and global market conditions.

Read the rest of the article in the India Cement & Construction Materials Journal Magazine, Issue 25.