Confidence Cement to commission new plant end-December

Confidence Cement will commission its new cement plant in Bangladesh at the end of December, doubling the  company’s total cement capacity to 4500tpd.

The new works will help to meet the country’s increasing cement demand, which is expected to surpass the 25Mt mark in 2018, according to The Global Cement Report, 12th Edition.

Bangladesh aspires to become a middle-income country by 2021 and sustained growth in recent years has seen its infrastructure deficit widen. Through the Seventh Five-Year Plan, the government is looking to invest some US$140m, partly through public-private partnerships, in the infrastructure sector.