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Haiti - FLASH : Haiti imported more than $500M of cement in 6 months
06/10/2017 08:59:40

Haiti - FLASH : Haiti imported more than $500M of cement in 6 months
A report prepared by the Dominican Central Bank indicates that for the first half of 2017 cement production in the Dominican Republic reached 2,612,099 metric tons.

From January to June of this year, the Dominican Republic's cement exports accounted for nearly 18% of production, exceeding US $654.8 million, more than US$ 58.6 million, in the first half of 2016.

Sales of cement exported to Haiti amounted to $ 543,108 million from January to July 2017

Note that with 7 cement production plans and investments of over $ 1.5 billion over 6 years the Dominican Republic, which is self-sufficient in cement, has a current installed capacity of 6.5 million tons annually.

By 2015, DR produced 5.2 million tonnes of cement (+ 3.2% compared to 2014). 30% of this production was exported.

The amount of local cement sales for the first half of 2017 in the Dominican Republic increased by 5.5% compared to the same period in 2016.

See also :
http://www.haitilibre.com/en/news-20474-haiti-economy-the-cement-factory-project-of-300-million-in-gonaives-back-in-the-news.html

SL/ HaitiLibre

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