Cement producers in the country are set to experience a sales boom over the next three years due to the construction of plants, industrial parks, and general infrastructure. The cement industry is expected to be one of the main beneficiaries of nearshoring, according to analysts from Ve por Más. “This effect could continue for at least the next three years, gradually stabilizing, as it would not only boost infrastructure or the construction of industrial plants but also, in the medium term, a surge in residential construction. This effect is more noticeable in the northern part of the country,” said Elisa Alejandra Vargas, an analyst at the brokerage firm.
