COSTA RICA BUSINESS – Mexico’s Cemex said it will invest us$35 million over 3 years to increase capacity at its plant in Costa Rica.The project will increase cement production capacity at the plant, located in Colorado de Abangares, in the province of Guancaste, by about 25 percent. The company said th expansion also includes construction of a new grinding mill.
Cemex has several plants and distribution centres across the country.
By 2017, the plant will have the capacity to produce 1.1 million tonnes of cement per year, according to the statement.
“We are confident that infrastructure projects will continue driving demand for building materials over the medium-term,” said Alejandro Ramirez, director of Cemex Latam Holdings in Costa Rica.
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