Fancesa's new plant 85% complete

The construction of the new cement plant of Fábrica Nacional de Cemento Sucre SA (Fancesa) in Cal Orck'o, Bolivia, is 85 per cent complete, according to the company’s President, Armin Cortez.

"The new production line of the Fábrica Nacional de Cemento Sucre SA, to date is at 85 per cent of physical execution and 81 per cent of financial execution, and it was possible to meet the goals planned within the contract, there are problems in some areas, but they will not affect the normal fulfilment of the new production line," he explained.

Started in July 2016, the US$215m construction project is expected to take 36 months to complete. "In March 2020, it will enter the operational stage," Mr Cortez added.