It is said that 320 million quintals of cement will be imported in the 2013 fiscal year
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According to the Ministry of Trade and Industry, 320 million quintals of cement should be imported in addition to domestic production to alleviate the shortage of cement.
According to the Ministry, there has been a significant increase in the price of cement, a basic commodity, since December 2012(E.C).
According to Wondimu Flate, Director of Communication Affairs at the Ministry, a number of remedial measures have been taken but the problem is still not fully resolved.
The directive is designed to enable cement factories to produce at their full potential and to ensure that supply and distribution are monitored by linking those engaged in the sector from manufacturing and importing to retail.
According to Wondimu, this is to prevent inflation and create a stable cement trading system.
According to the director, 320 million quintals of cement will be imported into the local market in addition to the local producers.
According to Wondimu, the cement importers must obtain construction materials, steel, non-ferrous and screed importers and the imports should be PPC and OPC 42.5.
He said the imported cement must be certified by a third party. He said an importer should import at least 3,000 tons of cement.
According to the Ministry of Trade and Industry, importers should import cement within 3 months and start importing within 90 days.
Via ebc
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