CEMEX opens new concrete plant

Jan 27, 2019 News

Guyana’s economy continues to attract large international companies who make big investments indicating their confidence in the economy.
CEMEX’s TCL Guyana Incorporated (TGI) was the latest company to demonstrate this confidence with the opening of its new concrete plant, according to the government release.

CEMEX Concrete Plant

The plant located on Lombard Street, Georgetown, which was officially opened Thursday, aims to serve Guyana’s expanding economy particularly in light of the potential production of oil and gas around the corner.
Minister of Finance Winston Jordan making brief remarks during the simple ceremony said that he welcomes all investments that will sever Guyanese and boost the country’s economy. Minister Jordan noted that cement is an important part of the building infrastructure not only in Guyana but around the world.
“Given the oil and gas that is meant to flow if not late this year then certainly early next year then Guyana indeed will be poised for a takeoff, a long sustained, high-end growth and cement will definitely play a great part in that and of course when we are speaking about climate change and resilient infrastructure, when we talking about a country that is six feet below sea level, cement as a bulwark against the ocean and the rivers will be very important,” he stated.
Also attending was Mexico’s Ambassador to Guyana, Ivan Roberto Sierra Medel, who observed the launch of the concrete plant is the starting point of a transformational process in Guyana.
“Today, the company that specialises in building a better future, CEMEX, is confirming a long-term bet on the bright future of Guyana,” he said.

Minister of Finance Winston Jordan cutting the ceremonial ribbon to open the concrete plant alongside Mexico’s Ambassador to Guyana, His Excellency, Ivan Roberto Sierra Medel, Business Manager of TGI Roger Ramdwar, General Manager of Arawak Cement Company Limited Yoga Castro Izaguirre and TCL Guyana Incorporated, President of Guyana Manufacturing and Services Shyam Nokta and Guyana Office for Investment (Go-Invest) Chief Executive Officer, Owen Verwey

The Ambassador also highlighted that with the growing relationship between Guyana and Mexico, other companies have already signalled their interest to invest in the economy.
Business Manager of TGI Roger Ramdwar, General Manager of Arawak Cement Company Limited Yoga Castro Izaguirre and TCL Guyana Incorporated, and President of Guyana Manufacturing and Services, Shyam Nokta, all applauded the opening of the company.
The company’s self-compacted concrete is expected to eliminate the need for vibrating equipment at job sites. It is also said to reduce the time for each pour as concrete freely flows into the moulds and create a high-quality finish, reducing both rendering time and expenditure.

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