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ABAD decries increase in cement prices

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By Imad Uddin
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KARACHI: The Association of Builders and Developers (ABAD) expressed "resentment on increase in the cement prices."

In a statement here on Monday ABAD Chairman, Babar Mirza Chughtai, maintained that cement prices in Sindh have increased from Rs 270 to Rs 350 per bag while in the Punjab it is being sold at Rs 355 per bag.

He was of the view that this increase would have a negative impact on the construction industry.

Babar appealed to the Competition Commission of Pakistan to take notice of the situation.

Copyright APP (Associated Press of Pakistan), 2011

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