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Saudi Arabia Removes Restrictions on Cement Imports

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March 5 (Bloomberg) -- Saudi Arabia removed restrictions on cement imports to secure extra supplies at stable prices, the Ministry of Commerce and Industry said.

“There are no restrictions on cement imports currently,” according to a statement posted on the ministry’s website. Cement exports have already been halted and plants have been ordered to operate at full capacity.

The kingdom’s western region, which includes the Red Sea port city of Jeddah and the Islamic holy cities of Mecca and Medina, has suffered a cement shortage as the government has increased infrastructure spending.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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