Construction Entrepreneurs Federation Warns of Nationwide Construction Halt Over Price Hikes

Kathmandu. The Federation of Construction Entrepreneurs has warned of halting all construction work across the country within a week if their demands are not met, citing that the construction industry has collapsed due to excessive price hikes in construction materials and the state's indifference.The Federation informed at a press conference on Tuesday that a 'construction holiday' situation has arisen due to the unexpected increase in the prices of fuel and construction materials at the present time. According to the Federation's General Secretary Shivahari Ghimire, the price of diesel, which was Rs 139 per liter before the West Asian war, has...