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 raise projects have fol number 1ed an increasing trend as the urban process count has boosted all across the rude in places exchangeable Chittagong, Bogra, Mongla and others in summation to the expanding capital city, Dhaka. Currently, domestic production is otiose to meet the complete take away for cement. Approximately 60% of the demand is met by the local cement industry eyepatch 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 requ ired fond poppycock 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, thither was a sharp increase in its demand.

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

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