The Lucky Cement on Wednesday started the work to install crusher and pre-heater at its new factory on Super Highway, while the civil work has already got underway. The civil work on the plant is in a substantially advanced stage and after its completion, the plant will be the largest single plant in the southern region. Besides, catering to the demand for cement in Sindh and Balochistan, it will also be able to export substantial quantity of cement to Middle East, Sri Lanka, and other countries.
Talking to Business Recorder at the site of plant, Lucky Cement Chairman and Chief Executive Abdul Razzaq Tabba said the plant would be completed by 2006 with a cost of Rs 5.5bn, and would produce 8,000tpd of cement.
The Lucky Cement chief said the plant, after its completion, 3,000 people would be employed directly, while over 5,000 people would be benefited indirectly. Besides, it will contribute over Rs 5m to government exchequer per day in the form of the excise duty and the sales tax.
He said the demand for cement is on the rise, and there is a need to install new cement plants to meet the local demand for cement as well as for its export. He said the plant would be able to export a huge quantity of cement to Middle East, Sri Lanka, Iraq and other countries. The plant would start its production in 2006, he added.
