Cement giant to increase production

The Mexican cement firm CEMEX, S.A.B. de C.V. says a subsidiary will invest $35 million to increase the capacity of its plant in Costa Rica.

The project will be able to produce 1.1 million tons of cement by 2017, about 25 percent more than currently.

The company said that the project would employ about 90 persons during construction and about 50 thereafter.

The plant is located in Colorado de Abangares, Guanacaste. Some observers suggest that the company is preparing to produce cement for the proposed Nicaraguan canal nearby.

Cement always has been a controversial topic in Costa Rica because the price is generally higher here than in adjacent countries.

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