MIIC takes action to stabilise cement supply and support key economic sectors

Kingston, Jamaica — The Ministry of Industry, Investment and Commerce (MIIC) says it is moving to stabilise cement supply after heavy rainfall disrupted operations at Caribbean Cement Company Limited (CCCL), affecting availability on the market.

In a release on Thursday, the ministry said interim measures have been put in place as CCCL works to restore production to optimal levels. The company has been addressing operational challenges, stabilising equipment, and improving production conditions.

A vessel previously bound for The Bahamas has been diverted to Jamaica and is expected on Saturday, April 25, while an additional 28,400 tonnes is scheduled for delivery in early May.

The ministry, led by Senator Aubyn Hill, has also approved an additional import quota for Buying House Company Limited to help meet demand, particularly in western Jamaica.

“We recognise the importance of maintaining stability in cement supply, particularly at a time when construction remains a key reliever of the pain of the devastation brought by hurricane Melissa. Cement is a vital product and measure of economic momentum and national growth. The ministry has acted to ensure that any short-term disruptions are mitigated so that builders, developers, and investors can continue their work with confidence.

This imminent arrival of new imports will support stability across the construction industry while safeguarding jobs.

The ministry will continue to monitor the situation and work with industry partners to ensure the market functions efficiently,” stated Hill.

CCCL has assured the ministry it is working to resolve remaining constraints and return production to projected levels.

Source: Jamaica Observer