Rising Costs Push Construction Projects into Uncertainty
▸ Part of: Nepal's Government Spends Nearly 60% of Budget, Capital Expenditure Trails at 28%
Construction entrepreneurs are facing significant difficulties in continuing ongoing projects due to sharp increases in the prices of construction materials and fuel. Lumbini Construction Entrepreneurs Association Chair Ramesh Belbase stated that contractors are under severe pressure, disrupting project execution and slowing progress. He urged the government to introduce supportive measures to sustain construction activities and prevent further project delays.
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