DG Khan Cement to export cement to Philippines
- The latest export orders would be boon for Pakistan exports, which has declined by 6.8 percent during 2019-20, due to the economic slowdown which has been brought in by the coronavirus pandemic.
DG Khan Cement Company Limited (DGKCC), one of Pakistan’s largest cement manufacturers has won orders for export of cement to the Philippines.
Facilitating DGKCC over their recent success, Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood said that other exporters should follow this example of extending their market reach across the globe.
“Congratulations to DG Khan Cement for making a breakthrough in winning orders for export of cement to Philippines. This follows on their success in China,” said Dawood in a tweet post on Wednesday.
The latest export orders would be boon for Pakistan exports, which has declined by 6.8 percent during 2019-20, due to the economic slowdown which has been brought in by the coronavirus pandemic. The country's exports at the end of the fiscal year ended June 30, 2020, stood at $21.387 billion against a target of $24 billion. In 2018-19, Pakistan exported goods and services worth $22.958 billion.
“Once market reach extends, then market share will increase. Increasing geographical diversification is an important part of our strategic trade policy,” said Dawood.
It met be mentioned that DG Khan Cement Company Limited, (DGKCC) is amongst the largest cement manufacturers of Pakistan with a production capacity of 22,400 tons per day (6.72 million tons/annum). DGKCC has four cement plants, two plants located at Dera Ghazi Khan, one at Khairpur Distt,Chakwal and one at Hub Lasbela District (Balochistan). All the plants are based on latest Dry Process Technology.
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