Construction companies in the Maldives have said they are experiencing a shortage in the supply of aggregate and river sand.
Under a special quota from the Indian government, aggregate was imported to the Maldives from India. However the quota was temporarily revoked on February 15.
Managing Director of State Trading Organisation (STO) – one of the main suppliers of construction materials – Shahid Ali, told local media on Wednesday (March 21) that the company has a limited supply of aggregate and river sand left in its storage.
“Our aggregate and river sand stock is quite low. So we are currently supplying to government projects only. We don’t really have enough for sale,” Shahid was quoted as saying in local media.
According to STO Managing Director, the company is currently carrying out talks with parties in Pakistan, Malaysia and Bangladesh to acquire the products.
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