Construction seminar predicts Sri Lanka’s growth will boost Asian business

13th Asia Cementrade examines BRICs investment prospects, says

Sri Lanka, Russia and China will fuel regional construction growth

Supported by an authoritative panel, the 13th Asia Cementrade notes that the construction outlook in the rapidly developing economies of BRICs, as well rebounding demand in Sri Lanka and Russia means growth is here to stay in the Asian region.

Experts organising the seminar believe that a new wave of government housing projects in China this year will likely boost the demand for cement, helping to absorb the country’s additional capacities. Additionally, major upcoming construction projects in Sri Lanka and Russia  may signal a return to growth for cement markets in these regions.  The 13th Asia Cementrade, scheduled on 31 March-1 April 2011 in Shanghai, is designed specifically to provide insights into how Asia’s cement sector is expected to unfold this year and the key markets influencing global trade movement.

Meanwhile, with the aftermath of civil war, Sri Lanka is all geared up to rebuild its infrastructure and welcome new cement investments to meet rising demand. Sisira Paranagama, Chairman of Sri Lanka Cement Corporation, will provide an in-depth analysis of what to expect of the construction and cement sector in Sri Lanka.

Among the key speakers sharing first-hand perspective on cement investments in rapidly growing economies (specifically BRICs) and future for the sector is Goran L. Seifert, Zone Director for Asia, Ciments Francais (Italcimenti Group). Seifert will zoom in on the aspects of possible changing composition and prospects of the BRICs.

There’s also Alexander Romanenko, CEO, at Indexbox Marketing & Consulting, invited to answer a pertinent question in the industry: Is cement growth returning to Russia and CIS markets? Romanenko’s presentation will offer a snapshot of the current state in the Russian economy, its construction sector, on new infrastructure projects and cement consumption, including outlook to 2018.

The conference will also turn the spotlight on latest developments in China’s cement industry. Key highlights include a paper by Sun Kefang, Director, Ministry of Housing and Urban – Rural Development of China, who will be providing an overview into the expected outlook for China’s construction sector.