|
Press
Releases
MEASURES TO TIDE OVER CONSTRUCTION INDUSTRY'S IMMEDIATE CONCRETING
SAND NEEDS
1
Following the Indonesian announcement to ban the export of
concreting sand, the Building and Construction Authority (BCA)
has met the
various industry groups1 (CIJC, SCAL,
REDAS, SISV, RMCA, sand & granite
suppliers) and key government procurement agencies to discuss
and work out
measures to minimise disruptions to construction activities.
2 As part of the plan, the Government will release concreting
sand from
its stockpile from 1 Feb 2007 to make up for any immediate
shortfall in the
supply of sand. The release of sand will also give the industry
price and
supply stability for the next few months to allow the industry
to make the
necessary adjustments.
3 Going forward, BCA expects the price of sand to rise due
to higher
transportation cost involved in shipping sand from distant
sources. As
contractors and concrete suppliers with on-going projects
may not be
contractually protected against this sudden increase in price,
developers are
urged to work out a cost-sharing arrangement with the contractors
and
concrete suppliers. Government agencies will take the lead
to bear part of the
increase in the cost of sand for its existing projects.
| 1 |
CIJC
- Construction Industry Joint Committee; SCAL - Singapore
Contractors Association
Ltd; REDAS - Real Estate Developers Association of Singapore;
SISV - Singapore Institute of
Surveyors and Valuers; RMCA - Ready Mixed Concrete Association. |
| Issued
by |
: |
Ministry
of National Development |
| |
|
Building
and Construction Authority |
| |
|
|
| Date
|
:
|
31
January 2007 |
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Last
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