Caribbean Cement
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CEO of CEMEX Fernando Gonzales
Caribbean Cement's parent company CEMEX is set to spend US$40 million or J$6 billion to boost local cement production.
The company broke ground this week for an expansion project which, by completion, should make Jamaica cement self-sufficient.
CEO of CEMEX Fernando Gonzales said this is the biggest investment by the company in Jamaica in the last five years.
He added that the project is the first phase of a plan that should help the company reach its target of 30 per cent improved production output.
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