Yucatan construction grows 7%

Yucatan construction grows 7%
Published: 21 December 2004

The construction industry in southeastern Mexico’s Yucatan state is expected to grow seven per cent this year compared with 2003 levels, local daily El Financiero quoted cement maker Cemex official Ricardo Montiel as saying.  That growth signifies more than 1Mt in cement sales, he added. 

The Cemex plant in Merida, capital of Yucatan state, operated at 80 per cent capacity this year, Montiel said, while 2005 plans call for 100 per cent capacity operations due to federal government construction and roadbuilding plans.   Of the 1Mt-plus in cement sales this year, the majority of it was used to expand the beltway that circles Merida, he added.