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.
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Sunnier times for the Bolivian cement industry? (Pictured: SOBOCE’s El Puente plant)
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).