Construction Giant Mulls Expansion After Imran Khan's Tax Perk for Pakistan Housing
- Prime Minister Khan pins economic revival on construction boom
- Company joins other cement peers in capacity expansion
Photographer: Asim Hafeez/Bloomberg
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Maple Leaf Cement Factory Ltd., a Pakistani maker of the construction material, is considering boosting capacity by almost a third to tap demand as the economy recovers, people with knowledge of the matter said.
The Lahore-based company plans to increase its capacity by about 7,000 tons a day at its current facility, the people said, asking not to be identified citing a private matter. The proposal is in final stages and the company is discussing the plan with banks and machinery suppliers, the people said.