The Parliamentary Select Committee on Works and Housing has visited cement manufacturing companies, including CIMAF Ghana Limited and African Cement, to discuss challenges facing the industry. The Committee Chairman, Hon. Vincent Asamoah, assured the companies that Parliament will aid in resolving their challenges.
The manufacturers attributed the rise in cement prices to logistics costs, fuel price fluctuations, delivery distances, clinker shortage, and cedi depreciation. They also cited high transportation costs to remote areas, increasing raw material prices, and accumulating taxes as contributing factors.
The Chairman reassured the companies of Parliament’s support in addressing the high prices of cement and shortages of raw materials. He also recommended that African Cement expand its business to meet the growing demand. The Committee’s visit aimed to understand the challenges facing the industry and find solutions to support its growth.
Sankofaonline
