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Myanmar's Cement Production Up in F
- Subject: Myanmar's Cement Production Up in F
- From: darnott@xxxxxxxxxxx
- Date: Sun, 01 Oct 2000 07:05:00
Myanmar's Cement Production Up in First Six Months
Xinhua, Rangoon, 1 October 2000.Myanmar produced 174,778 tons of cement in
the first six
months of this year, up 9.5 percent from the same period of 1999, according
to the latest
issue of the official Economic Indicators.
During the six-month period, the country reduced import of cement, buying
in only 14.85 million
U.S. dollars of the commodity, while it imported 26.6 million dollars worth
of them in the same
period of 1999.
Myanmar's cement production fell for a three consecutive years since 1996
and picked up only in
1999.
In the wake of the rising demand for cement in its infrastructure
construction such as roads, bridges
and dams, Myanmar is also making efforts to build more cement plants.
In last June, Myanmar signed an accord with a Chinese company to build a
500-ton-daily-capacity
cement plant in Kyaukse, central Mandalay division of the country.
It is reported that Myanmar is also trying to get a foreign loan of 150
million dollars to build a
4,000-ton daily-capacity large-scale cement plant.