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Construction work hampered due to soaring price of cement

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April 25, 2000

 

Gopalganj, Apr 24 (UNB) – Construction works on various development projects in the district are seriously being hampered due to soaring price of cement.

 

Local cement is now selling here at Tk 300-325 per bag against its previous price of Tk 235-240, while the imported one at Tk 275-300 against Tk 200-220 a few months back.

 

Traders attributed the price hike of cement to its short supply caused by sharp fall in its import.

 

Market sources said the district has a demand for 30,000 bags of cement a day, but the present supply stands at only 10,000 bags.

 

Taking advantage of the situation, a section of dishonest traders are supplying substandard cement to local markets in blind pursuit of profit.

 

The sources said the southwestern region bears the burnt of the prevailing cement crisis as the traders are supplying cement to other parts of the country for making windfall profit.


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