Construction work on the US$241m state-owned cement plant in Chiutara, Potosí, has been 66 per cent completed, according to Bolivian President, Evo Morales.

The cement works is currently being built by a consortium formed by Spain-based Imasa and Valoriza (Sacyr group) and Germany’s Polysius. The consortium was contracted by the Bolivian government in 2017 to build the 1.3Mta plant in 36 months.

Mr Morales added that the government approved a decree so that the roads built in the country will use cement produced by the new plant as well as the US$244m state-owned 1.3Mta unit in Caracollo in the neighbouring region of Oruro, reducing the need for imported asphalt as well as end cement imports from Brazil and Peru.