Complex Made Simple

Jordan’s consumption of cement declines by 200,000 tonnes

This reflects slowdown in construction activity due to unstable conditions in region as well as lack of government projects

Jordan’s consumption of cement fell by 200,000 tonnes during the first half of 2015, compared with the same period last year.

The kingdom’s consumption of cement reached 750.1 million tonnes during the first half of this year, compared to 950.1m tonnes in the same period last year, according to the head of the Future Society for Cement Traders, Mohammed Ghazi Abu Soufa.

Abu Soufa says that the decline in the kingdom’s consumption of cement reflects a decline in construction activity since the beginning of this year due to the unstable conditions experienced by many countries in the region, in addition to the lack of government projects, Petra reported.

He calls on the government to implement major development projects, especially relating to infrastructure and construction, as well as the building of schools and the opening of roads, to be reflected positively on the activity of the construction sector, which is one of the upstream movements of economic growth.

Abu Soufa welcomed the Cabinet’s decision to exempt apartments no larger than 150 square metres of the registration fee and expects this decision to reflect positively on the movement of the real estate market, which suffers from a surplus of built apartments.