SOBOCE invests in the future
As Bolivia’s economy slowly recovers from the impacts of the COVID-19 pandemic, domestic cement producer Sociedad Boliviana de Cemento (SOBOCE) accelerates its digital transformation process to meet market demand more effectively. By Sociedad Boliviana de Cemento SA, Bolivia.
Bolivia’s economic recovery and particularly the construction sector’s revival is not yet at full speed with the restart of public projects and private works advancing at a modest pace. In 2021 domestic cement demand increased by 19.1 per cent YoY. However, this followed a 24.6 per cent YoY decline a year earlier (see Table 1).