Sunday, 21 October 2012

Construction industry hits a brick wall

Construction industry representatives say that the recent cement price increase would have a devastating effect on their projects.�“The current situation is a blow to the entire construction industry, as the recent price increase is the second for this year”, Sri Lanka institute of Architects Registration Board Chairman Architect Jayantha Perera told the Sunday Times.
He said not only contractors, but laborers in the industry, such as bricklayers and helpers, as well as subcontractors who are raw material providers, cement product providers and others involved with the construction industry, will be badly affected by the price increase.


(Source: Sunday Times)

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