For a better experience, please rotate the device

PFCEMARGOS $0.0 última marcación: 00-00-00/00:00

Community Relations

Communities: business initiatives with social impact

This refers to revenues that the Company receives and that are associated with initiatives that have a social impact. In most of the cases, this connection is made by offering special discounts on products, which makes it possible for certain programs to be implemented. In the following table, some of the initiatives that were taken in 2014 in the Colombian and Caribbean and Central American Regional Division, which represented revenues of approximately COP 76.7 billion (USD 32 million) for the Company, are described in some more detail:

Initiatives Regional

Construyá: This is a program that allows people that do not have any bank products and that belong to social strata 1 and 2 to acquire construction materials or tools in order to improve or build their home. It is a line of credit that is obtained through hardware stores and materialwarehouses that are part of the program. It represents revenues, as we have calculated that 30% of the resources loaned so far have been used to purchase cement.

Colombia

VIS projects: The VIS projects, which stands for “Viviendas de Interés Social”, or social housing, have made the dream of many Colombians, of having their own home, come true, and we take part in that process by giving special discounts on cement to the construction companies that are legally constituted as developers of this kind of project. This discount allows these construction companies to carry out their work complying with the maximum sale price requirement and it allows families with few economic resources to acquire their own house.

Colombia

Project of 100,000 free homes: We support the initiative of the Colombian National Government to award 100,000 free homes, which is why we provide special discounts on cement and concrete to the construction companies that are legally constituted as developers of this kind of projects, in order to make their construction viable.

Colombia

Cemento Nacional: This refers to cement sold to the state of Honduras, at a preferential price, in order to be used for development and social investment projects.

Caribbean and Central America

Agreement with Habitat for Humanity: This regards cement sold to Habitat for Humanity Honduras, with a special discount, in order for them to develop social housing projects they manage in the country.

Caribbean and Central America

Boca Cachón project: For this project, cement is sold to the National Government of the Dominican Republic, at a preferential price, in order to supply their relocation project and the construction of social housing.

Caribbean and Central America

Project for commercialization of bagged cement from containers: In Haiti, bagged cement is sold from containers managed by community representatives, which creates jobs and promotes the development of the area where they are located.

Caribbean and Central America

Argos Innovation Center

  • Argos has created a place of convergence for the cement and concrete industry’s challenges and academic solutions, promoting the discovery of new ways of using these materials, which are key to development.