The Philippine Star

Cemex vows support for Build Build Build

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Global building solutions manufactur­er Cemex Holdings Philippine­s has vowed to provide a stable supply of cement solutions to support the government’s Build Build Build agenda during the recent The Asset 13th Philippine Forum held at the Grand Hyatt Manila Hotel in Bonifacio Global City, Taguig.

“Build” and “Innovate” were central themes during the forum which gathered investors, key

Mijares issuers, regulators, and representa­tives from financial institutio­ns across the Associatio­n of Southeast Asian Nations (ASEAN) to discuss the macro outlook that could shape the country’s growth this year and cite market reforms that could further bolster growth.

Ignacio Mijares, Cemex Philippine­s president and CEO, affirmed that the Philippine­s continues to be one of the most exciting markets in the company’s global network, as the country’s economy remains bullish and as the government ushers in a “golden age of infrastruc­ture.”

“Infrastruc­ture activity can easily grow double-digits in the coming years especially now that the projects under the Build Build Build program have broken ground,” said Mijares, one of the speakers during the “Build and Innovate” panel discussion. “The key to building the future is through sustainabi­lity and innovation and we’re happy to be part of this way forward.”

The company plays a pivotal role in the country’s growth narrative. Cemex is currently the exclusive supplier of cement for the Cebu-Cordova Link Expressway, which is intended to ease the traffic situation in Cebu. The province is home to Apo Cement Corp., Cemex’s biggest cement plant in the country. At present, the challenge to supply, according to Mijares, is how to serve the needs of the market in the most efficient manner and to improve operations to mitigate the impact of higher input costs. “The strategy for the coming years is to increase the use of alternativ­e fuels and lower grade coal to reduce input costs. We have also initiated partnershi­ps with corporatio­ns who have solid waste produce that we can use as refuse derived fuels. The goal is to create a win-win platform for us, our partners and most especially the environmen­t,” Mijares said.

The company also recently launched Cemex Go in the Philippine­s. Through this first-of-its-kind, fully digital customer integratio­n platform, customers can get more businesses done in less time by being able to transact and interact with Cemex anytime, anywhere using their mobile devices.

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