While effects of the virus are not yet being felt in the construction sector, the uncertainty surrounding it is likely to keep cement prices flat in future months.
CEMEX has collaborated to develop youth employability and entrepreneurial skills through social initiatives such as its leadership of the New Employment Opportunities (NEO) initiative.
On GlobalData’s list of the leading 500 construction contractors around the world, four of the top five positions continue to be held by Chinese firms.
China’s involvement in infrastructure developments in emerging markets across Asia continues to expand, says GlobalData.
Global Data’s recent report revealed that infrastructure investment will be seen to drive total construction input in China to US$4.1 trillion by 2023.
The World Cement Association has expanded its international network by welcoming China’s Sunnsy Group.