KINGSTON, Jamaica — Chief Executive Officer (CEO) of Cemex, Jaime Muguiro, has reaffirmed the company’s long-term commitment to supporting Jamaica’s economic growth and national development through continued investment in Caribbean Cement Company (Carib Cement).

Speaking at a town hall meeting with employees at Carib Cement on July 2, Muguiro said Cemex would continue making the investments necessary to ensure that Carib Cement remains a key contributor to Jamaica’s transformation.

“Our commitment to Jamaica is strong. We will continue investing in Carib Cement to ensure it remains a cornerstone of the country’s development, supporting economic growth, infrastructure and opportunities. We see tremendous potential in Jamaica, and Cemex is committed to being a long-term partner in its continued transformation,” he said.

According to a statement on Monday, since assuming control of Carib Cement in 2017, Cemex has invested more than US$154.3 million (J$23.1 billion) in its Rockfort operations. These investments have enhanced operational efficiency, introduced global best practices and technology, expanded production capacity, and positioned the company for sustained profitability.

Muguiro also recognised Carib Cement’s continued progress and its important role in supporting Jamaica’s development, highlighting the team’s discipline, resilience and commitment to operational excellence.

“Carib Cement has consistently demonstrated resilience, operational excellence and a strong commitment to serving Jamaica’s needs. We are proud of the progress achieved by the team and the contribution the company continues to make to the country’s growth,” he said.

“With the talent, dedication and ambition we have here, I am confident that Carib Cement will continue to grow, innovate and deliver value for Jamaica, the Caricom region and Cemex,” he continued.

Muguiro also reaffirmed Cemex’s commitment to health and safety, emphasising that the well-being of employees remains the company’s highest priority. He encouraged staff to continue fostering a strong health and safety culture and to remain focused on achieving zero lost-time incidents across the company’s operations.

Muguiro, who was appointed chief executive officer just over a year ago, was on an official visit to Jamaica, accompanied by senior Cemex executives.

During the visit, he and the executives met with Carib Cement’s leadership team, Prime Minister Andrew Holness and Deputy Prime Minister Horace Chang and toured the company’s Rockfort operations.