KATHMANDU: The Federation of Contractors’ Associations of Nepal has launched a sit-in protest from today, demanding adjustment of construction material prices across the country.
Prior to the protest, a delegation led by Associate Coordinator Navaraj Shrestha submitted a memorandum to the Director General of the Department of Roads Bijay Jaisi. The team also included General Secretary Shivahari Ghimire.
According to the federation, the ongoing conflict in the Middle East has led to an abnormal rise in prices of fuel and other construction-related materials, severely impacting the construction industry and delaying multiple infrastructure projects.
The federation said similar memorandums were submitted to various concerned bodies, including the Department of Roads and the Department of Water Resources and Irrigation.
As part of the first day of protest, contractors held a sit-in for half an hour, according to Shrestha.
The federation has warned that the protest will continue until its demands are addressed. It has also expressed opposition to what it called the arrest of contractors, accusing the government of targeting business operators.
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