As cement demand in China has been very strong in recent years, most cement companies invest in the country. However, according to news from the business office of the Embassy of Zambia in recent days, the Zambia Competition and Consumer Protection Commission told outsiders that Chinese companies are planning to spend USD 500 million to establish a cement production plant in Eastern and Northwest Provinces of Zambia. The director of the committee stated that there is a large gap in the current industry demand in the cement market in Zambia and the potential for investment is great. The investment will help strengthen the production competition in the cement industry in Zambia and stimulate the rapid development of the local economy.
Ambassador Leonardo Arizaga of the Embassy of the Republic of Ecuador in China and Alvaro Garcia, Minister of the Republic of Ecuador, visited the China Cement Association and briefed the Chairman of the China Cement Association on the economic development in Ecuador in recent years. Said that Ecuador is currently undergoing large-scale infrastructure construction, including roads, airports, copper mines and so on. At present, there are 13 cement plants in Ecuador, and there are approximately 5 million tons of cement produced every year. However, Ecuador’s cement demand is 6 million tons this year, so it is in short supply. The Ecuadorian government hopes to build three cement plants of 500,000 tons, 700,000 tons and 1 million tons respectively in three provinces in the country. At the same time, it is also planned to build a glass production company. However, due to lack of funds, it hopes to attract Chinese companies to invest. The government will provide a lot of support. Lei Qianzhi listened attentively to the presentation of Leonardo Arisa’s envoys and introduced the development of China's cement industry in recent years to the ambassador, and he highlighted the strength of the industry.
The entry of Chinese cement companies into the foreign cement market has not only resolved the situation in which foreign cement companies are in short supply to the local cement market, but also promoted the development of cement companies in China, and at the same time it has also played a role in promoting the development of related industries in the cement industry.
Ambassador Leonardo Arizaga of the Embassy of the Republic of Ecuador in China and Alvaro Garcia, Minister of the Republic of Ecuador, visited the China Cement Association and briefed the Chairman of the China Cement Association on the economic development in Ecuador in recent years. Said that Ecuador is currently undergoing large-scale infrastructure construction, including roads, airports, copper mines and so on. At present, there are 13 cement plants in Ecuador, and there are approximately 5 million tons of cement produced every year. However, Ecuador’s cement demand is 6 million tons this year, so it is in short supply. The Ecuadorian government hopes to build three cement plants of 500,000 tons, 700,000 tons and 1 million tons respectively in three provinces in the country. At the same time, it is also planned to build a glass production company. However, due to lack of funds, it hopes to attract Chinese companies to invest. The government will provide a lot of support. Lei Qianzhi listened attentively to the presentation of Leonardo Arisa’s envoys and introduced the development of China's cement industry in recent years to the ambassador, and he highlighted the strength of the industry.
The entry of Chinese cement companies into the foreign cement market has not only resolved the situation in which foreign cement companies are in short supply to the local cement market, but also promoted the development of cement companies in China, and at the same time it has also played a role in promoting the development of related industries in the cement industry.
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