Loading…

Market Brief

Myanmar's Cement Sector Prepares for Expansion Wave, an Industrial Info Market Brief

Myanmar's cement sector is preparing to begin construction on a string of projects by the end of 2021 to cope with rising demand

Released Thursday, July 18, 2019

Myanmar's Cement Sector Prepares for Expansion Wave, an Industrial Info Market Brief

Myanmar's cement sector is preparing to begin construction on a string of projects by the end of 2021 to cope with rising demand. This trend is driven by Myanmar's ambitious plans to develop its infrastructure.

Eight capacity-expansion projects, worth a total of about $1.7 billion, are expected to begin construction in Myanmar starting in December 2020 and running through early 2021, as the country opens up its construction-material developers to foreign investment.

Myanmar also plans to introduce new regulations later this year that would attract more international cement manufacturers, in order to reduce the country's dependence on expensive cement imports by 2025.

Click here to see a list of cement-sector projects that are set to begin construction in Myanmar through the end of 2021, and see graph below for project spending by kickoff date.

Attachment
/news/article.jsp false

Share This Article

Want More IIR News Intelligence?


Make us a Preferred Source on Google to see more of us when you search.

Add Us On Google

Please verify you are not a bot to enable forms.

What is 0 + 8?

Ask Us

Have a question for our staff?

Submit a question and one of our experts will be happy to assist you.

By submitting this form, you give Industrial Info permission to contact you by email in response to your inquiry.

A glowing computer chip is placed on a dark blue circuit board. Bright blue lines and nodes create a futuristic, technological ambiance.

Forecasts & Analytical Solutions

Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.

Explore Our Solutions
Dimly lit data center with rows of towering black server racks, glowing blue lights, and a sleek, futuristic ambiance.

PECWeb Global Market Intelligence Platform

Identify opportunities, anticipate change, and execute with confidence. PECWeb connects the industrial intelligence you need, from projects and assets to operational events, all in one platform.

Discover Pecweb

Get notifications from IIR News Intelligence

Click 'Sign Up' then 'Allow'