MS rod price hike Price adjustment of govt contracts demanded
Contractors have appealed to the government for price adjustment for the contracts awarded before price hike of MS rod. Sammilita Thikadar Samannaya Parisad, an association of contractors, and the Federation of Bangladesh Chambers of Commerce and Industry made the appeal in the face of price rise of MS rod and other steel materials. A delegation of Bangladesh Association of Construction Industry (Baci), called on Commerce Minister Amir Khosru Mahmud Chowdhury on Saturday and informed him about impact of the price rise which results in halting construction works across the country, says a press release. They told the minister that although the government has recently reduced duties and taxes on raw materials for production of MS rod, the market price has not changed. The minister assured the delegation of taking appropriate steps to bring down price of MS rod by taking the issues to the concerned ministries for remedial measures for the interest of the national development works under implementation. Led by Baci President Mir Zahir Hossain, the delegation also included M Atiqur Rahman, Aminul Islam, Mustafizur Rahman and Sk Md Rafiqul Islam.
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