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News Santa Cruz sees record high for cement production

Santa Cruz sees record high for cement production

Written by Global Cement staff 16 April 2024
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Bolivia: National cement production reached a record 4Mt in 2023, despite a noted decline in exports, according to the Bolivian Institute of Foreign Trade (IBCE). Santa Cruz contributed 27.4% to the total cement output, followed closely by La Paz with 26.8%, and Chuquisaca at 18.3%. According to Noticias Financieras News, this output is largely due to investments by cement companies in Santa Cruz, such as Itacamba's US$220m investment in a new plant in 2016, which has a production capacity of 870,000t/yr. Other firms like Soboce and Fancesa have also invested in the region. The construction industry in Santa Cruz grew by 3% in 2023, although this was a decrease in growth rate compared to previous years.

Last modified on 17 April 2024
Published in Global Cement News
Tagged under
  • Bolivia
  • Production
  • record
  • Bolivian Foreign Trade Institute
  • Output
  • Investment
  • Itacamba
  • growth
  • GCW655
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