Parliamentary Committee Discusses Construction Sector Crisis, Government Pledges Action

The country's infrastructure construction sector is facing a severe crisis due to price hikes in materials, administrative hurdles, and policy ambiguity. A discussion between government representatives, lawmakers, and construction entrepreneurs led to a proposal for the Council of Ministers to accept price adjustment as a key solution. The Federation of Nepal Construction Entrepreneurs highlighted that the sector contributes about 13 percent to Nepal's GDP and provides employment to millions, warning of economic repercussions if the crisis persists.