Latin America is a region that is witnessing increasing cement demand and renewed investment in cement plant capacity. In the second part of a Latin American round-up, CemNet looks at the latest developments in the cement markets of Mercosur associates Colombia, Chile and Peru.
Colombia
Bright prospects for Colombian construction
Current growth forecasts of the Colombian economy, the recovery of sovereign investment grade and the government’s public commitment to infrastructure development point to positive expectations in the construction sector, with sales forecast to grow 3-6 per cent annually over the next decade, according to Cementos Argos.
