Cemex to increase Costa Rica cement works capacity
Cemex Latam Holdings (CLH) is planning to increase cement capacity of its plant located in Colorado, Costa Rica by approximately 25 per cent, reaching a capacity of 1.1 mta by 2017. The total investment is expected to be approximately $35 m over a three-year period including the construction of a new grinding mill, as well as several capacity enhancing projects on its clinker production line.
According to the Minister of Foreign Trade of Costa Rica, Alexander Mora, the Cemex Costa Rica investment is a sign of the Cemex group´s commitment with the country and also an example of the good performance that foreign companies may experience in Costa Rica.
The Cemex Costa Rica investment project was presented by company representatives during a bilateral meeting with the President of the Republic of Costa Rica, Luis Guillermo Solis; the Minister of Foreign Trade of Costa Rica, Alexander Mora, and the General Director of CINDE, Jorge Sequeira; during a promotional visit to attract investment.