FNCCI backs contractors, urges govt to adjust prices of public contracts
▸ Part of: Nepal Faces Financial Scrutiny: APG Warns of Blacklist Risk Amidst Weak Progress
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed solidarity with the Federation of Contractors’ Associations of Nepal (FCAN), highlighting the severe crisis in the construction industry due to steep rises in fuel and construction material prices. The FNCCI urged the government to immediately implement price adjustment measures in all projects and contract periods, citing legal provisions for price adjustments.
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