Construction Entrepreneurs Association in Kailali Expresses Serious Concern Over Fuel Price Hike
Dhangadhi. The Construction Entrepreneurs Association of Kailali has expressed its serious concern over the recent increase in fuel prices by the Government of Nepal. Issuing a press release on Thursday, the association's General Secretary, Bikram Bista, stated that the rise in fuel prices will negatively impact not only the construction sector but the entire national economy.
According to the statement, the construction business is directly dependent on fuel, and its price hike has excessively increased construction costs. Business owners claim this is affecting ongoing projects and creating significant difficulties in implementing new plans. The increase in fuel prices is expected to slow down the pace of development and construction, seriously affecting overall economic activities.
In this difficult situation, construction entrepreneurs have put forward various demands to the government. They have urged the government to reconsider the decision to increase fuel prices and adjust the prices as soon as possible. Furthermore, their demands include providing a special relief and subsidy package targeting the struggling construction sector and adopting effective policies to stabilize fuel prices in the long term.
The association has also warned that if the concerned bodies do not take appropriate action regarding their demands, they will be forced to announce phased protest programs. Clarifying that they are always ready to cooperate with the government for the country's development and economic stability, the association has drawn the government's attention to this serious matter immediately.
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