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P12.8-B cement plant to boost PH output

THE Trade department on Thursday inaugurated a P12.8-billion cement plant, built by a Japanese firm, that is expected to boost local cement production and reduce the country's dependence on imports.

Taiheiyo Cement Philippines Inc.'s (TCPI) plant in San Fernando, Cebu, is expected to boost local cement output by 3 million tons per year.

DEPARTMENT of Trade and Industry (DTI) Secretary Alfredo Pascual. PHOTO BY J. GERARD SEGUIA