Cement prices drop in Pakistan, boosting the construction industry.

Cement prices in Pakistan have recently declined, which is good news for the construction industry. The price of a bag of cement has fallen by an average of 0.57% in the north of the country, and by 1.77% in the south. This is likely due to the appreciation of the Pakistani rupee, which has made imports of raw materials cheaper.

The lower price of cement is expected to have a positive impact on the construction sector. Construction projects will become more financially feasible, as the cost of materials will be lower. This could lead to an increase in the number of new construction projects being started, which would boost the overall economy.

The price of cement varies across different cities in Pakistan. In the twin cities of Rawalpindi and Islamabad, the price of a bag of cement is Rs1,216. In Gujranwala, the price is Rs1,260, and in Sialkot it is Rs1,280. In Lahore, the price is Rs1,300, and in Faisalabad it is Rs1,260.

The decline in cement prices is a welcome development for the construction industry in Pakistan. It could lead to increased investment in the sector, which would create jobs and boost economic growth.

FBR finalizes scheme to tax 3.5 Million Retailers to enhance Tax Net.

Table of Contents