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SCG expecting significant cement sales in Myanmar for 2012

Posted on : 11 May, 2012

 

After the significant decline in sales last year, Siam Cement Group (SCG), anticipates high volume in its cement exports to Myanmar. Marketing director of Thailand’s SCG, Syamrath Suthanukul affirmed, “In 2011, our cement exports to Myanmar were down by about 20 per cent from 2010 because of the changes that were taking place within the government. As a result, a number of projects were delayed. There were also fewer projects in 2011.” He affirmed that the transition to a democratic government in 2011 affected many construction projects and last year’s sales fell by 20%.

 

He also commented that the company is expecting an increased competition in the coming years, but is positive that it can maintain its sales position. He further added that the company supplied for a number of government projects, one of which was the Yangon-Nay Pyi Taw highway. “For 2012, we’re hoping the market will be great for us.”

 

Kan Trakulhoon, CEO and president of SCG, also recently remarked that the company has been studying options for a new cement plant in Myanmar. The investment depends on the Myanmar government's investment promotion policies and the policy on limestone mine ownership.

 

And that is precisely what CMT’s 14^th Asia CemenTrade scheduled in Yangon, Myanmar on 13-14 September 2012 seeks to explore. The program agenda aims to discuss the investment climate, opportunities  and demand for cement in Myanmar as well as other regional countries including Cambodia, Laos, India, Indonesia, Vietnam, Bangladesh, China and more.

 

Details and schedule of the conference are currently underway.  To reserve seats, Pre-Register now!

 

For other enquiries, email grace@cmtsp.com.sg

 

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