Construction Halted in Bagmati Province Due to Soaring Fuel and Material Costs

Hetauda. The Federation of Contractors of Bagmati Province has stated that construction work has come to a standstill due to price hikes in fuel and construction materials caused by the tense situation in West Asia. The federation claims that it is impossible to proceed with development and construction work due to the excessive and unexpected increase in the prices of fuel and construction materials.Addressing a press conference in Hetauda on Sunday, the federation demanded that the government immediately extend the deadline for all projects due to the current situation. Federation Chairman Chhatra Bahadur Tamang informed that the construction industry is...