Dominican Republic: 10% rise in exports this year

Dominican Republic: 10% rise in exports this year
Published: 01 June 2010

Dominican Republic’s cement market continues its sustained growth by supplying the local demand and in exports to the Virgin Islands, Jamaica, and Haiti as well.

Added to the growth expectations in local consumption volume, cement makers also forecast a 10% climb in exports this year, as the result of its installed capacity and the constant search for new markets.

Dominican Republic exports 30% of its annual cement production, of around US$140m, which generates at least 3,000 jobs, according to the cement makers grouped in Adocem. It said from January to April cement sales abroad reached nearly 200,000t whereas imports have been falling 28% annually since 2001.

“Adocem, which represents the country’s cement sector, in a manner which becomes the facilitator being for construction’s sustained development, motoring the general interests of this productive activity,” it said in a statement.

Source: Dominican Today