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Reading: Iran boosts its GDP though cement production
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BGTN > BRICS Plus > ایران (Irān) > Iran boosts its GDP though cement production
Internationalایران (Irān)

Iran boosts its GDP though cement production

Ray White
Last updated: April 22, 2024 3:49 pm
By Ray White
2 Min Read
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Photo: AFP, Trucks queue for inspection of goods coming from Iran through Al-Shib Port, a land entry point which handles around 150 trucks per day mostly carrying cement and tiles into Iraq from Iran, 145 kilometers from the city of Amara.
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Iran says it successfully exported 10.5 million metric tonnes of cement over nine months last year – a major boost for the country’s Gross Domestic Product. Reports say Iran’s total cement production is – on average – about 90 million tonnes per year, with about 60 million tonnes of cement consumed domestically. The Tehran Times is reporting that cement production has increased by 12 per cent since the current government came to power in 2021.

Secretary of Iran’s Cement Industry Producers Association Ali Akbar Alvandian says cement production in Iran rose in the nine months to late November 2023, thanks to a better supply of electricity and fuels to manufacturers. He says this is good news, but the situation could further improve in the coming year.

There are 13 half-completed projects underway in the country which, when completed, could increase white cement production by more than 8.8 million metric tonnes.Alvandian says Iran was the fourth largest cement producer in the world some two decades ago when investment in the industry was at its highest. But he says the country has moved down to sixth place in the global ranking of cement producers and this must change.

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TAGGED:cement productionExportingGross Domestic ProductincreasedindustryIRANIran's Cement Industry Producers Associationmanufacturers
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Ray White
ByRay White
Ray is a seasoned broadcast journalist and has worked in television and radio newsrooms for decades. In 2023 he was inducted into the South African Radio Hall of Fame. Ray's interests lie at being at the heart of current affairs and news. He hosts BGTN’s business show.
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