Sri Lanka s post-war reconstruction and floods have helped boost demand for cement in the country, according to Tokyo Cement. The Sri Lankan and Japanese joint venture said that much of the demand has come from the government s large scale infrastructure projects. Total cement consumed in Sri Lanka during 2011 rose by 21.6% year-on-year to 4.58Mt. Local cement production in 2011 rose by 13.6% to 1.97Mt. According to Tokyo Cement, the private sector has been mainly engaged in building housing and housing schemes as well as hotels. In its 2011-2012 annual report, Tokyo also pointed out that a surge in private credit had contributed towards higher demand for cement. Source: uaecement
Source:
http://www.uaecement.com/newsDetail.aspx?id=578
