Ministry of Construction says local production still more than enough to satisfy demand.
Vietnam's cement producers are expected to generate more than enough cement to satisfy demand next year, a report from VietNamNews said.
Deputy Minister of Construction Nguyen Tran Nam said according to cement consumption figures this year, the ministry expected demand to reach 55-56.5 million tons next year with domestic cement production hitting 70 million tons.
According to the report, the projections included 19-19.5 million tons from the Viet Nam Cement Corporation, 17-17.5 million from joint ventures and the remaining from other cement plants, Nam said.
Meanwhile, the ministry estimated that this year's domestic cement demand would not increase against last years, he said.The local cement demand in 2011 was predicted to reach 50 million tons, the same rate as last year, and lower than the target 54.5-56 million tons target, VietNamNews said.
In the first nine months of this year, Vietnam consumed 35.27 million tons of cement, or 65.2% of the target.
Vietnam's cement producers are expected to generate more than enough cement to satisfy demand next year, a report from VietNamNews said.
Deputy Minister of Construction Nguyen Tran Nam said according to cement consumption figures this year, the ministry expected demand to reach 55-56.5 million tons next year with domestic cement production hitting 70 million tons.
According to the report, the projections included 19-19.5 million tons from the Viet Nam Cement Corporation, 17-17.5 million from joint ventures and the remaining from other cement plants, Nam said.
Meanwhile, the ministry estimated that this year's domestic cement demand would not increase against last years, he said.The local cement demand in 2011 was predicted to reach 50 million tons, the same rate as last year, and lower than the target 54.5-56 million tons target, VietNamNews said.
In the first nine months of this year, Vietnam consumed 35.27 million tons of cement, or 65.2% of the target.
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