Khan’s Construction Bet Sees Cement Firms Boosting Investment
- Imran Khan offers housing incentives to boost economic growth
- More than half-a-dozen cement makers have announced expansions
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Pakistani cement companies are investing to expand capacity a year after Prime Minister Imran Khan chose the construction sector to stimulate the economy.
Lucky Cement Ltd., Bestway Cement Ltd., and D.G. Khan Cement Co. are among more than half-a-dozen firms to announce plans in recent months. Pakistan’s cement production capacity will increase by 31% to 91 million tons after the announced expansions are completed, according to Insight Securities Pvt.