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Myanmar's cement production drops



Myanmar's cement production drops 

Xinhua, Yangon, 22 October 1999. Myanmar produced a total of 159,588 tons
of cement in the first half of this year, a drop of 22.65 percent compared
with the same period of last year, according to the latest figures of the
Central Statistical Organization. The figures also show that in the whole
of 1998, Myanmar produced a total of
364,959 tons of cement. 

In recent years, Myanmar has speeded up the pace of infrastructural
construction of roads, bridges and dams, resulting in a shortage of cement.
To meet the rising demand for cement, Myanmar plans to build more cement
plants. It is learnt that Myanmar is trying to get a foreign loan of 150
million U.S. dollars to build a 4,000-ton-capacity cement plant. On the
other hand, Myanmar is spending a large sum of foreign exchange to buy in
cement. In fiscal 1998-99 which ended in March, Myanmar imported a total of
65.55 million dollars' worth of cement. The country mainly imports cement
from China and Indonesia. 

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