Saudi cement firms seek exporting product to East Asia

25/02/2019 Argaam

 

Saudi cement producers are mulling over exporting output to East Asian markets due to saturation in the regional markets, Al-Eqtisadiah newspaper has reported, citing Saleh Al Solami, Secretary General, Saudi Exports Development Authority.    

 

“We are ready to help all Saudi cement companies to overcome the challengers they encounter while exporting cement to foreign countries and accessing new markets via the Saudi exports’ financing initiative,” Al Solami added.

 

Cement exports improved last year, Al Solami noted, expecting them to witness a new rally this year, backed by new markets.

 

Last February, Saudi Arabia cancelled the cement export tariffs, Argaam reported. In January, the Saudi ministry of commerce and investment issued 41 cement export licenses.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.