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Guatemala likely to establish cement company in Honduras

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Talks have started between the Honduran government and a Guatemalan cement company for the launch of a cement factory in Honduras.Honduran President Porfirio Lobo Sosa has stated that Guatemala’s leading cement company Cementos Progreso, has expressed interest in investing in Guatemala. Concerned officials from the Guatemalan cement company are likely to visit Honduras as early as February for deciding on the cement project.Honduran Minister of Industry and Trade, Jose Francisco Zelaya, has also stated that talks are in progress with other cement companies interested in establishing a presence in Honduras.

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