HCMC adopts measures against construction sand speculation

In his document to related agencies, Deputy Chairman of HCMC People’s Committee Le Van Khoa ordered relevant agencies to supervise construction sand price to have measures against speculation.
HCMC adopts measures agaisnt sand speculation (Photo: SGGP)
HCMC adopts measures agaisnt sand speculation (Photo: SGGP)

As per the document, Mr. Khoa assigned the Department of Finance to liaise with related agencies to keep an eye on sand-related factors to control abnormal hike of price.

The Department of Industry and Trade was assigned to put forward measures against speculation in construction sand. 

Additionally, the People’s Committee asked the Department of Construction to liaise with related agencies and people’s committees in districts to have plan of supervise sand quality in the city.

Inspectors will transfer the price list to the Department of Finance which will work with relevant agencies to assess sand price as per the regulation. 

The Department of Construction was assigned to spread information of replacing materials in construction to encourage researches and utilize new material in a bid to limit bad impacts on environment due to over-exploitation of sand in nature leading to the destruction of resource.

Similarly, the People’s Committee asked the Department of Science and Technology to place the order of researches of replacing materials for natural sand in construction. 

Along with inspection, district people’s committees and the Department of Construction will pay visits to companies to check sand quality and prices of major construction materials.

Lately, because of inadequate supply of sand, there has been a hike in sand price in the Mekong delta region and the south eastern provinces; even some place the sand price skyrocketed by 200 – 300 percent .

Sand price escalated nonstop leading to hiccups in construction sites especially major traffic construction such as Cao Lanh Bridge and Vam Cong in Dong Thap province at the heart of the Mekong Delta and highway Ben Luc - Long Thanh.