STO “quite sure” 17,000 tonne shipment of almost depleted building materials will arrive next month

The State Trading Organisation (STO) has announced that a 17,000 tonne shipment of aggregate and river sand will be imported to the Maldives in April.

The announcement follows recent concerns made by the company over its dwindling stocks of both materials, after India revoked its quota to export the material to the Maldives.

Managing Director of STO Shahid Ali told local media that the company is “quite sure” a 17,000 tonne shipment of aggregate and river sand will be brought in early next month.

Local media reported that the shipment will be coming from both Sri Lanka and Bangladesh.

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4 thoughts on “STO “quite sure” 17,000 tonne shipment of almost depleted building materials will arrive next month”

  1. Raising the price of aggregate & sand will default the all construction agreement made by the construction company. Baghee Waheed must subsidise the construction companies for their loss. The price of these items increased by 50%.

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  2. Even state to subside the hike-up in the price is still better than what Nasheed had done to our economy in last 4 years.

    Nasheed had managed to drag the country to its highest debt level within 3 years to over 900 million dollars , where as Waheed had managed to stabilize the growing debt .

    Nasheed is an activist and not a leader and he had ruined the countries economy for his own benefit .

    The unemployment had risen during his 3 years and dollar price had gone up and inflation had gone ticket high and living cost was almost doubled.

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  3. India thinks that by giving hard time to Maldives, we are going to bow our heads to them and will bring back Nasheed to power .

    Once Nasheed is back in power, Nasheed will sell our sovereign rights to for few millions dollars to India.

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  4. Hey Kuribee, Nasheed reduced our total debt in his short stay as President; more than your masters ever accomplished in 30 years.

    Please live in Maldives before you start making up lies.

    Also, fortune-telling is haraam in Islam. Please deport yourself. 🙂

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