Imported cement stock stuck in port of Sri Lanka while shortage in market continues

Aug 08, Colombo: Sri Lanka’s state-owned National Cooperatives Trust says that a stock of five million kilos of cement they imported have been held in Colombo port since the Certificate of Standards has not been issued by Sri Lanka Standards Bureau.

The Chairman of the Trust, Bandu Ranawaka said that application for the Certificate of Standards has been submitted six months ago but it has not been issued yet. He charged that the Standards Bureau has double standards when dealing with the state enterprises and private businesses.

A stock of 100,000 cement bags of 50 kg was imported from Pakistan, he said. It is to be sold in local market at a reduced price.

Cooperatives and Internal Trade Minister of Sri Lanka Johnston Fernando said the imported cement and other building materials would ensure that there would not be any shortages in the local market.

Sri Lanka is undergoing a severe shortage of cement and the problem has already affected the construction industry.

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