Time:2015-06-18 00:00
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In 2015, with the implementation of active fiscal policy and prudent monetary policy to promote the smooth development of economy, the target for the increase of GDP in China is 7%. With the economy enters “New Normal”,the central government accelerated the “OBOR”strategy and developed more in infrastructure such as railway, road and waterways and the investment in security housing and shantytowns transformation, the demand for cement will increase.
Conch actively develops overseas by exploring Southeast Asia market. Last year, the first phase of South Kalimantan project in Indonesia have been put into operation and the Merak grinding mill station, Maros and West Papua projects are in construction and expected to contribute to the revenue in this year. The Myanmar, Laos and Cambodia projects are in construction or research.(translator:Huxiaohong)
Sources: Yuanfu Security