The present invention provides bi-component core-shell polymeric microfibers for reinforcing concrete comprising as a first component (shell) ethylene-vinyl alcohol (EVOH) polymer and at least one plasticizer, preferably, polyethylene glycol, and as a second component (core) a polymer chosen from a polyamide, a polyester, such as polyethylene terephthalate, and a polymer blend of a polyolefin and an anhydride grafted polyolefin and having an aspect ratio of length to diameter (L/D) or equivalent diameter of from 300 to 1000. The bi-component polymeric microfibers comprise from 5 to 45 wt. % of the first component, are easily processed, and provide fiber cements having improved mechanical properties at relatively low microfiber loadings.