Cemex to expand social responsibility schemes

Cemex plans to expand its social responsibility program to Guatemala, Bangladesh and the Philippines by 2016.

The firm intends to installed self-employment production centers in these countries to help low-income families renovate their houses.

The initiative, developed in collaboration with authorities and non-governmental organizations, provides construction training and teaches how to manufacture concrete blocks.

Half of the production obtained at these centers is used in the construction or renovation of the participants’ houses and the other half is bought by local governments to develop infrastructure projects.

The income achieved by the initiative is then reinvested by Cemex in the centers.

Cemex already operates 80  self-employment production centers in Mexico and expects to open 20 more this year. It has also developed the initiative in Colombia since 2010.

Source

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