Cement News tagged under: Bolivia
Bolivia looks to imports to solve shortage27 January 2012, Published under Cement NewsTo address a possible shortage of cement, Bolivia’s Deputy Minister of Public Works, Vladimir Third, announced yesterday, the country is considering scaling up imports as gas supply issues hinder production against a backdrop of rising demand. Mr Third explained that the shortage of cement is due to high demand by the domestic construction industry on the back of strong economic growth, local press reports. According to government estimates, the domestic cement market may not be covered b... |
Bolivian cement forecast to rise 10% in 201220 January 2012, Published under Cement NewsThe Bolivian Institute of Cement and Concrete (IBCH) expects cement consumption this year will grow at a rate of 10%, but it is cautious that such a level that level of expansion may be affected by the global economic crisis, according to local news reports. Marcelo Alfaro, manager of IBCH, told FM Bolivia that the associaiton forecasts demand to rise due to the country’s favourable macroeconomic conditions where there is easier access to housing credit with low interest rates. “All of th... |