MEXICO CITY, Jun 03, 2004 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The premixed concrete sector reported that prices of this product in Mexico are the highest in the world. Thus far in 2004, prices have risen 10%, which means that the construction industry is dealing with higher operating costs.
The ever-increasing price of concrete is due to higher prices of supplies, such as energy, as well as the excessive, collective work contracts that businesses in the sector must fulfill.
On June 16-18, World of Concrete Expo 2004 will be held in the Centro Banamex convention center. Some 2,000 national and foreign companies are expected to attend the event.
The cement and concrete sector is one of the most important industries in Mexico, given that it employs around 2 million workers-5.3% of the population.
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