Page 1 of 10

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 02

March 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 236

The Cement Industry of Pakistan: A Swot

Analysis

Najabat Ali*1

, Muhammad Anwer 2Abbas Jaffar3

, Syed Murtazain Raza Zaidi4

*1Research Scholar,Hamdard Institute of Education and Social Sciences,

Hamdard University, Main Campus, Karachi, PAKISTAN.

2Faculty Member, Department of Special Education, Gilgit, Gilgit Baltistan, PAKISTAN

3PhD Scholar,Glorious Sun School of Business and Management,

Donghua University, West Yan’an Road 1882, Shanghai Post Code 200051 China.

4Research Scholar,Hamdard Institute of Education and Social Sciences,

Hamdard University, Main Campus, Karachi, PAKISTAN.

*

1Corresponding Author: Najabat Ali Email: alinajabat@hotmail.com

ABSTRACT

The study attempts to evaluate the cement

industry of Pakistan by SWOT analysis. It

investigates the major strengths,

weaknesses, opportunities and threats of

the cement industry of Pakistan. In the early

days of Pakistan, this industry was a smaller

one but it turned into one of the biggest

industries of Pakistan. At present cement

industry is one of the top industries of

Pakistan which has a significant

contribution in the economy of Pakistan.

The cement industry of Pakistan is

exporting cement after fulfilling the

domestic demand. The strengths and

opportunities of the cement industry attract

not only the domestic investors but also

foreign investors. On the other hand

cement industry has few problems and

threats which affect the industry negatively.

The study thoroughly analyzes all the

strengths, weakness, opportunities and

threats of the cement industry of Pakistan.

INTRODUCTION

Cement industry is one the important

industries of Pakistan which has a

significant contribution in the economic

development of Pakistan. When Pakistan

came into existence it had only four cement

plants but presently over twenty cement

firms are operating in the cement industry

of Pakistan. (Agha, 2014). The cement

industry requires high infrastructure and

favorable conditions for production.

Majority of the cement firms in the country

are located in the vicinity of mountainous

areas. These areas are highly rich in the

inputs required for the cement production

Page 2 of 10

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 02

March 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 237

such as clay, iron, gypsum and other

minerals. (Manarvi, & Gardezi, 2014).

The cement industry of Pakistan is divided

into two broad regions on the basis of their

geographical location which include

Northern zone and Southern Zone. The

Northern zone covers over 80% of the total

cement share of the country while rest of

the cement is produced in the southern

zone. (Manarvi, & Gardezi, 2014).

The cement industry of Pakistan has an

oligopolistic market structure where top

five companies have controls over 55% of

the market share of cement. While the

remaining all companies cover only 45% of

market shares. The total production

capacity of the cement industry of Pakistan

stood 44.8 million tons in FY13. The

capacity utilization of cement production

stood 75% in the same year. (Nayyar,

Zaigham, & Qadeer, 2014).

Cement industry of Pakistan is fulfilling the

local demand of cement and also exporting

cement to the neighborhood countries like

Russia, Iraq, Sri Lanka, India, Afghanistan

and United Arab Emirates. At present,

Pakistan is also exporting cement to some

African countries as well. Currently,

Pakistan is ranked among the world's top 10

cement exporting countries. (Nayyar,

Zaigham, & Qadeer, 2014).

LITERATURE REVIEW

The history of cement industry of Pakistan

goes back to 1921 when the first cement

plant was planted at Wah. When Pakistan

came in to the map of the world there were

only four plants with the production

capacity of approximately 0.5 million

tonnes. This capacity was not sufficient for

the country (Sharwani, 1976). In 1956 two

more plants were installed by the Pakistan

Industrial Development Corporation in

Hyderabad city and Daudkel. Furthermore

plants were installed in the private sector

(Gardezi et al., 2014). Due to the shortage

of cement in the country, cement was

imported from other countries. So the

extension of cement industry of Pakistan

was need of the time. The number of

cement plants in the country was only 6 till

the year 1965. But just after this year the

cement sector of Pakistan observed a good

development and three cement units were

planted by the private sector. The newly

opened cement units were Javedan cement,

Gharibwal cement and Mustehkam cement.

Javedan cement was launched in Sindh

province while Gharibwal cement and

Mustehkam cement were set up in the

province of Punjab. This initiative of

entering in cement industry was a good

step not only for the cement industry but

also for the economic development and

growth of the country. (Gardezi et al.,

2014).

In the era of 1971-1977 nationalization

came into place and all private cement units

Page 3 of 10

Journal for Studies in Management and Planning

Available at http://internationaljournalofresearch.org/index.php/JSMaP

e-ISSN: 2395-0463

Volume 01 Issue 02

March 2015

Available online: http://internationaljournalofresearch.org/ P a g e | 238

were nationalized by the government of

Pakistan (Ahmad, 1962). During this period

no any new cement unit was introduced.

The government of Pakistan came up with

the establishment of State Cement

Corporation of Pakistan (SCCP) in 1972 and

the management of cement production in

the country was assigned to it (Buttress,

Jones, & Kingman, 2015). During this tenure

all the existing cement firms in the cement

industry came under the control of SCCP.

The State Cement Corporation installed five

new cement manufacturing plants in order

to reduce the gap between demand and

supply in the industry with the production

capacity of 1.8 million tons (Rauf, 1994). It

was the time when cement industry worked

under the complete control of state and the

industry met strict regulations and policies

during this tenure (Bilgen, 2014).

During the age of 1977-88,

denationalization of industries came into

action and people were motivated to invest

in different sectors of the economy

especially in housing and construction

sector, as a result demand for cement had

been increased. With the inception of

denationalization, private sector was also

permitted to establish new cement

manufacturing units. (Shahida, 1989).

In 1990, cement industry observed another

huge change, the industry had been

privatized and initially eight cement units

were privatized (Oggioni, Riccardi, &

Toninelli, 2011)(Wen et al., 2015). To boost

the industrial sector the state gave tax

exemption to main industries in Baluchistan

and Khyber Pukhtunkhwa. This tax

exemption was also enjoyed by cement

industry and as a result new manufacturing

units were also established in private

sector. Private sector was working

effectively due to their new technology

while SSCP started to lose its power during

the period of privatization and its control

over supply of cement went down to 25

percent of the installed capacity of the

country. But still there was a gap between

the demand and supply of cement and to

meet the demand of cement in Pakistan;

cement was imported from other countries

(Umar, Friis, Khan, Kassi, & Kasi, 2011).

The cement industry of Pakistan had

reached a level where surplus production

was achieved after meeting local demand in

1997. Due to this huge development in the

industry, many investors were attracted.

Other reasons for attraction of the investors

were cheap and abundant availability of

raw materials in the country. Increasing

local demand for cement consumption also

encouraged the producers for further

expansion in production capacity of their

manufacturing units. Currently the cement

sector is utilizing approximately 74 per cent

of its installed production capacity of 45

million tones approximately since the local

consumption of cement is dull for the last

several years. The total production of

cement during 2013 was 33mln tonnes.

(Wen et al., 2015).