El consumo masivo sostiene al cemento mientras se enfrían los proyectos formales: Cementos Argos
Carlos Horacio Yusty, vicepresidente regional Colombia de Cementos Argos Foto: Paula Galeano / Portafolio
TL;DR
- The construction sector is facing challenges from decreased infrastructure spending, delayed tenders, and lower housing starts.
- The mass market segment for cement, linked to self-construction and stable inflation, is showing signs of recovery since June.
- Infrastructure projects require a long gestation period (around 36 months) and necessitate coordinated efforts between the government and institutions.
- Regional construction activity is observed in cities like Cartagena, Antioquia, Medellín, Cali, Barranquilla, and Bogotá, although it doesn't fully offset the completion of larger projects.
- Revitalizing housing programs like 'Mi Casa Ya' and fostering investor confidence are crucial for the sector's reactivation.
- Exports, particularly to the United States, Puerto Rico, and Caribbean islands, remain a key part of Cementos Argos's strategy.
- High gas prices and potential scarcity pose a significant challenge to the cement industry's cost structure and competitiveness.
- Cementos Argos is investing in off-site modular construction solutions to industrialize the sector and improve efficiency.
- The company continues to invest in Colombia, with recent projects including a $45 million silodomo in Cartagena and fleet upgrades for concrete distribution.