Colombia: Mexican cement maker Cemex has opened its fifth plant in Clemencia, Colombia. The US$50m plant in northern Colombia has a cement production capacity of 0.45Mt/yr.
Cemex plans to begin building its sixth plant in Colombia at the start of 2014 with a US$125m investment. The construction is expected to last 24 months and have a cement production capacity of 0.50Mt/yr.
Cemex foresees strong growth in the Colombian market, specifically in infrastructure, as President Juan Manuel Santos has been investing heavily in roads, ports, railways and airports, with some US$25bn invested in the past four years.