Cemtech Asia and the Philippine growth trail
Cemtech Asia’s seventh conference and exhibition, which took place in Manila, Philippines, between 19-22 June, provided an exceptional opportunity to take stock of the industry’s progress in one of the world’s fastest-growing regions. Ernesto M Ordoñez, president of the Cement Manufacturers’ Association of the Philippines (CeMAP), delivered the keynote address, using the opportunity to highlight the country’s upward momentum in cement consumption.
Ernesto M Ordoñez spoke of his recent meeting with incoming president Rodrigo Duterte, in which the latter had stated that he was committed to maintaining and expanding investment in Filipino infrastructure. Investment in public works would continue to play a major role in the national budget, Mr Ordoñez pledged, with cement consumption growing by 12 per cent in the first quarter of 2016, buoyed by increased government spending.