The cement industry will fully meet the national demand by 2010 with supply expected to reach 60 million tonnes against 50 million tonnes for the national demand volume.
Experts voiced concerns over the fact that small projects are booming while strong investment has appeared to be very rare, making investment risky. They warned that a situation where a large number of businesses operate separately may lead to an unhealthy competition such as dumping products.
The industry has, therefore, called for a faster pace in equitising State-owned enterprises (SOEs) and setting up a national cement consortium with advanced technology and financially strong enough to compete in the international market.
The national demand for cement reached 32.5 million tonnes in 2006.
Source: VNA
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