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Construction costs burdened with cement price rise Construction costs have been rising since March with each 50-kilogramme bag of cement now costing around Tk 50 more to sell for anywhere between Tk 450 and Tk 460. Photo: SK Enamul Haq The price of each 50-kilogramme bag of cement has increased by around 12 per cent, or Tk 50, to Tk 450 to Tk 460 a development that will push up construction costs, be it the government s development projects or privately-owned buildings. The price increased in mid-March as a knock-on effect from a rise in prices of clinker, the main raw material, in the international market alongside that of shipping costs. ....
After a trying year, cement makers bracing for slow recovery With the year about to come to a close, the cement sector finally experienced some relief from the ongoing pandemic thanks to increased consumption alongside fresh investments. Makers of the key construction material have been in a tight spot since the Covid-19 outbreak began as almost all major development projects in the country, both public and private, were halted for an extended period. The cement sector managed to survive even though the manufacturers sat idle throughout April-September, Mohammed Amirul Haque, managing director of Premier Cement, told The Daily Star. But now, there are various projects to work on, including mega projects such as the Karnaphuli Tunnel. ....