Economy July 11, 2016 - 10:18 am

Cement makers bask in steady growth, rising demand

Santo Domingo.- Cement Producers Association (Adocem) presidentGabriel Ballestas on Friday said even with the construction sector’s growth andhigh cement demand the industry can supply the country for five years withneither making new investments nor jeopardizing its exports.

"What we have in installed capacity today gives us, let’ssay, the peace of mind that can absorb the significant growth occurring in thecountry in the next five or six years without any problems and the industry isprepared, as it has been doing in the has happened, to invest not only in thelatest technology, but to increase production at the time required,” he said.

“It’s a fact that we’re seeing a very interesting dynamic inthe east region of the country with the resumption of construction projects forthe tourism sector,” the business leader said, interviewed by the Diario Libre mediagroup.

Ballestas, accompanied by Adocem consultant Francesco Cardiand executive director Julissa Báez, added that this dynamism in construction isn’tlimited to just the area of lodging, but also in new malls and road infrastructure.

COVID-19

May 16, 2024 - 8:43 am

WHO greenlights Japanese vaccine for Dengue prevention

May 14, 2024 - 10:25 am

Médico Express and Caribbean Health TPA foster medical tourism

May 13, 2024 - 9:34 am

Residents protest thermoelectric vessels in Azua

May 13, 2024 - 9:17 am

Ministry alerts public to Saharan dust arrival and health risks

MOST READ

Economy

Dominican Republic received US$10,000 million in remittances last year

Local

President Abinader explores semiconductor industry potential with World Bank president

Business & Pleasure

La Chivería Yaguate, a revitalized Dominican gem in San Cristóbal

Local

After complaints from residents, the SDE Mayor’s Office carries out a cleaning and waste collection day

MORE NEWS

Local

Abinader will receive international observers at the National Palace

Local

Dominican government and WFP join forces for disaster preparedness

World

Dominican-Israeli Friendship Group President condemns DR’s UN vote

Local

Deployment of Police forces for Election security