Saudi King orders import of 10 million tonnes of cement to end shortage

DUBAI (REUTERS) - Saudi Arabia's King Abdullah has ordered the import of 10 million tonnes of cement to end a shortage in the country, the Saudi Press Agency reported on Tuesday.

King Abdullah wants three to four cement plants to be built over the next three years and has granted 3 billion riyals (S$990 million) towards the scheme, SPA reported, citing trade minister Tawfiq al-Rabiah.

The kingdom has embarked on multi-billion dollar infrastructure and housing construction plans, putting pressure on resources such as cement. SPA did not give an estimate of how large the cement shortage was.

Join ST's Telegram channel and get the latest breaking news delivered to you.