The domestic building materials market is expected to be knocked intoshape following the recent governmental approval of the sector’s masterplan until 2020 with a vision towards 2030, the Vietnam InvestmentReview (VIR) reported.
The prime ministerial Decision1469/QD-TTg to greenlight Vietnam’s building material development hasordered limiting investment into certain materials that are currently inoversupply.
Accordingly, the Prime Minister has suggestedstopping investment in building new ceramic tile production units fromnow until 2015. In the period from 2016 to 2020, this line of investmentwill get the go-ahead to reach the total designed capacity of 570million square metres of ceramic tiles per year.
Statistics fromthe Ministry of Construction (MoC) showed that the total designedcapacity of tiling materials should reach 450 million square metres peryear in 2015, increasing to 570 million square metres per year in 2020.
Inrespect of natural masonry veneers, the Government has set the targetfor the total designed capacity of 15 million square metres per year in2015, doubling to 30 million square metres per year by 2020. It expectsto achieve these targets through production expansion or newinvestments.
The Prime Minister also demands using state-of-theart technology in the extraction process with minimal usage ofexplosives to limit environmental damage. Masonry veneer businesses arealso encouraged to cooperate with calcium carbonate production units toreduce waste and alleviate environmental pollution.
Le Van Toi,Head of the MoC’s Building Materials Department told VIR that of themajor building materials only cement had a detailed development planbased on actual market needs while most others did not, leading to theoversupply of many building materials in the market.
“In pastyears, building material units have used less-than-modern technologiesand equipment which are high on fuel consumption and harmful to theenvironment. As well as that, the management of natural resources hasbeen lax,” Toiwas quoted as saying, adding that the enactment of the newdecision would help tackle these problems.
With regards to claybricks, the Prime Minister has encouraged the production of large hollowclay bricks using modern technologies. Centrally-governed localitiesare required to work on a roadmap to gradually discontinue the use offurnaces that employ obsolete technologies.
The approved planningalso forecasts that Vietnam’s total cement consumption will be 93million tonnes by 2020. In the next period from 2020-2030, cementinvestment must follow the Prime Minister-approved cement developmentplan and the plan on exploration, extraction and use of minerals for theproduction of building materials.-VNA
The prime ministerial Decision1469/QD-TTg to greenlight Vietnam’s building material development hasordered limiting investment into certain materials that are currently inoversupply.
Accordingly, the Prime Minister has suggestedstopping investment in building new ceramic tile production units fromnow until 2015. In the period from 2016 to 2020, this line of investmentwill get the go-ahead to reach the total designed capacity of 570million square metres of ceramic tiles per year.
Statistics fromthe Ministry of Construction (MoC) showed that the total designedcapacity of tiling materials should reach 450 million square metres peryear in 2015, increasing to 570 million square metres per year in 2020.
Inrespect of natural masonry veneers, the Government has set the targetfor the total designed capacity of 15 million square metres per year in2015, doubling to 30 million square metres per year by 2020. It expectsto achieve these targets through production expansion or newinvestments.
The Prime Minister also demands using state-of-theart technology in the extraction process with minimal usage ofexplosives to limit environmental damage. Masonry veneer businesses arealso encouraged to cooperate with calcium carbonate production units toreduce waste and alleviate environmental pollution.
Le Van Toi,Head of the MoC’s Building Materials Department told VIR that of themajor building materials only cement had a detailed development planbased on actual market needs while most others did not, leading to theoversupply of many building materials in the market.
“In pastyears, building material units have used less-than-modern technologiesand equipment which are high on fuel consumption and harmful to theenvironment. As well as that, the management of natural resources hasbeen lax,” Toiwas quoted as saying, adding that the enactment of the newdecision would help tackle these problems.
With regards to claybricks, the Prime Minister has encouraged the production of large hollowclay bricks using modern technologies. Centrally-governed localitiesare required to work on a roadmap to gradually discontinue the use offurnaces that employ obsolete technologies.
The approved planningalso forecasts that Vietnam’s total cement consumption will be 93million tonnes by 2020. In the next period from 2020-2030, cementinvestment must follow the Prime Minister-approved cement developmentplan and the plan on exploration, extraction and use of minerals for theproduction of building materials.-VNA
