Gerjali: Building is getting even more hit by rising the price of concrete

Gerjali: Building is getting even more hit by rising the price of concrete

The renowned economist Safet Gerjaliu has said the construction sector and the majority and minority trade sector have been as he put it in two pillars of economic development and social stability in post-war Kosovo. According to him, the negative effects of COVID-19, economic pandemic and, as he said, the negative consequences of [...]

According to him, the negative effects of the COVID-19 pandemic, economic pandemic, and as he said the negative consequences of the war between Russia and Ukraine have directly hit these sectors as a result of price hikes.

It should be understood that the construction sector has multidimensional and in addition to design and production, employment, retail and retail trade, education, finance and many other sectors, so it needs to be careful and monitoring of this sector because a shock of this sector will be very dangerous for the future of Kosovo”, he wrote on Facebook.

Gerxhaliu said construction is being hit with a lot from the rise of the concrete price

After the rising price of endorm and uncontrolled metals, construction today is being hit with much of the rising concrete price. The very fact that today in Kosovo a ton of concrete costs close to 130 euros and proves the danger this sector is facing. The failure of this vital sector for the local economy will be with economic and social consequences not only, but also at risk for the banking and financial sector. Respond today that tomorrow I'm afraid it's going to be going to be 11x1>, says further in his writing.

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