Turkish builders protest against cement price hike

03 Sep 2021 CW Team

Builders in Turkey have announced a one-day strike to protest against the sharp price hike of cement, which will take place on 2 September 2021.

The Turkish Builders Confederation (IMKON) talked with the government that prices of all commodities have increased since the onset of the Covid-19 pandemic, but the cement prices rose inappropriately.

According to the cement producers, the prices have recorded a sharp price hike. The electricity cost increased by 64% year-on-year (YoY) in July 2021, while the coal prices rose more than double in the same period.

As per the Turkish Statistical Institute's (TUIK) domestic price index, in July, the cement prices in Turkey have increased by about 56% YoY.

Tahir Tellioglu, Head of the Turkish Contractors Federation (IMKON), had recorded a cement price hike from $19.28 per tonne to $53 per tonne in 2020.

Besides, the builders and contractors in Turkey have decided to establish new housing projects after a sharp decline in real estate in recent years due to the pandemic. However, this is leading to an increase in unsold housing stocks.

Also read: Cement prices in India improve, maximum hike in southern India

Infrastructure Urban

16 Jun 2025

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Infrastructure Urban

16 Jun 2025

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Infrastructure Urban

16 Jun 2025

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..