Cement shortage not affecting stadium work
Chief Executive Officer (CEO) of the Guyana Local Organising Committee (LOC), Karan Singh has stated that the shortage of cement in the region is not affecting the construction of Guyana’s Providence Stadium. According to an LOC release Singh admitted that cement is in limited circulation in Guyana and that has led to an escalation in cement prices. However, the release said that the high prices has had little impact on the progress of work at Providence Stadium.
"This shortage is not affecting major projects," Singh said adding that the Providence Stadium has more than 190 tonnes of cement in stock. Added to the cement in stock, he said that the contractors have enough cement on order from their suppliers to complete the work that they are doing.
Karan Singh said that local cement suppliers have exploited consumers in Guyana with cement costs rising by more than 50 per cent of the average price. Venue Manager of the Providence Stadium, Walter Willis, indicated in the release that a shipment of cement arrived earlier this week from Trinidad & Tobago and that another shipment is expected from Venezuela. Published under Cement News
