Ahmad al- Zeini" The Chairman of the Division of building materials in Cairo Chamber - demanded
that the Government should commit to amend the law on ensuring free competition and prohibiting
anticompetitive practices to face monopoly in the cement market . he also demanded to increase the
punishment of monopoly for up to 15% of the sales of monopolistic company, beside canceling of turn
king ' s evidence", In order to encourage monopolists in reporting on other monopolists with exemption
from punishment. "
Al-Zeini explained that true cost per cement ton does not exceed 270 pounds including raw material,
energy and labor, But the companies sell at inflating pricing To keep prices inside the local market are
highest compared to other countries such as Turkey Which sells at 460 pounds per ton. He pointed out
that studies have confirmed that the rate of consumption of the domestic cement market will jump to 77
million tons over the next three years.
He added that the productive capacity volume of existing factories is 55 million tons per year from
approximately 19 factories While the average consumption rate of production which requires a new
license to meet the growing demand for cement, which is growing at the rate of 7% annually.