Vietnam Aims to End Cement Imports by 2009
Vietnam will produce enough cement to satisfy the domestic demand and even export it by 2009, as the pace of cement plant projects is being quickened, Vietnam News Agency quoted the Ministry of Construction as saying.
The ministry expects that 11 cement plants will be put into operation earlier than scheduled, 21 other projects will be on schedule and 11 projects later than scheduled. Particularly, there has so far been no investor interested in the Thanh My cement plant project.
One year after implementing the development plan for the cement industry, the Prime Minister has agreed to add the construction of three more cement projects to the plan in order to increase the country's production capacity.
Vietnam, now home to around 70 cement plants and some 30 grinding stations, turns out a total of 32 million tons of cement each year meeting 80% of local demand. It is projected to raise the annual output to 50 million tons by 2010.
VNA, Vietnam & World Economy