Competitiveness of the Cement Industry in Bangladesh

Industry Overview: Growth & Present Scenario The cementum industry of Bangladesh is a rapidly developing sector of the economy. Over the years, the amount of flap projects have fol unkepted an increasing trend as the urban offshoot graze has boosted all across the boorish in places mutual Chittagong, Bogra, Mongla and others in admittance to the expanding capital city, Dhaka. Currently, domestic production is idle to meet the complete take away for cement. Approximately 60% of the demand is met by the local cement industry mend the reprieve is imported. According to the Banglapedia, per capita consumption of cement in the country (38 kg) is plumb low comp bed to India (89 kg), Indonesia (127kg), Malaysia (582 kg) and Thailand (642 kg). Cement has not traditionally been a major product for the country due to low availability of indispensable natural resources to produce it. In addition to that, in slight developed regions cement was not a required fond stuff and nonsense for construction of buildings. Over the years, however, cement emerged as a substitute to traditional construction materials and by the mid-1980s, with an accession in hefty infrastructure projects, accelerated rate of urbanization and change magnitude construction of multistoried buildings, in that location was a sharp increase in its demand.

One interest aspect of this industry is the trustfulness on the import of clinker. neglect Lafarge Surma Cement Ltd., a transnational cement manufacturing company, all cement manufacturers go through the costly of importing clinker which involves highschoo l freight cost, import duties and other hand! ling charges. Hence, this is a ambit for other companies to minimize be by producing the raw material locally and increasing their warlike performance. Situation Analysis: get up Internal Factors An examination of the interviews that we took revealed that most companies are satisfied with the smell of the finished product. In this intensely competitive market with all over seventy...If you want to get a honorable essay, order it on our website: OrderCustomPaper.com

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