Cement makers are smart to bet on Nicaragua
This week saw the announcement that Cemex and Holcim are both upping their stakes in Nicaragua to increase production. The companies have stated that they expect cement demand to grow significantly in the near future.
Nicaragua has the dubious honor of being Central America's least developed economy. In recent there has been significant expansion in construction and mining, indicating that Holcim and Cemex are right to bet on the country.
Source: Global Cement