Climbing costs cause concern

The Honduras Government is revealing its concern over rising costs of materials, as these will have a major impact on planned road maintenance and repairs, as well as new construction.
February 10, 2012 Read time: 1 min
The Honduras Government is revealing its concern over rising costs of materials, as these will have a major impact on planned road maintenance and repairs, as well as new construction. The increasing prices charged for materials such as steel reinforcing bar, cement and fuel will impact on the budget Honduras has available for road works, according to the country's construction sector chamber. Honduras has to repair and upgrade roads across its 14,044km network and there are doubts as to whether the road fund will be sufficient to meet maintenance needs. The cost of steel reinforcing bar for example has increased by 16% recently while cement has jumped 42% in price.

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