Mafia behind soaring cement price. Constructions must be stopped for three months (VIDEO)

Date:

The constructions in Sri Lanka should be stopped for the next three months to prevent the soaring of cement price as it is being handled by a trade mafia run by importers, said Susantha Liyanarachchi, Chairman of the Sri Lanka National Construction Association, speaking to media today (26).

The construction industry has already collapsed due this trade mafia and as of now all government constructions carried out by them have been ceased, he revealed, adding that the cement price is soaring without any regulation.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Revenue Surge to Stall in 2026 as Vehicle Imports Decline

Sri Lanka’s fiscal outlook for 2026 appears to be...

BOC Reboots Digital Future with New IT Solutions Arm

In a strategic move to accelerate its digital transformation,...

Pipeline Promise or Policy Mirage? Sri Lanka’s Risky Irrigation Gamble

In a bold but contentious move, the Sri Lankan...

Tea Research Institute Marks 100 Years of Innovation and Growth

The Tea Research Institute of Sri Lanka (TRI), the...