050101NEW GRAVEL RATES
By New Dawn Media:
LOCALS selling river gravel have reason to celebrate this year as the autonomous government of Bougainville has approved new buying rates for riverine materials especially gravel and limestone.
ABG minister for Works, Transport and Civil Aviation Carrolus Ketsimur at a recent presentation to ABG members announced that this year, river gravel will be bought at three kina per cubic meter.
This is an increase of two kina from last year’s buying rate of one kina per cubic meter.
He also said limestone would now be bought at four kina per cubic meter compared to last year’s buying rate of one kina fifty toea per cubic meter.
Ketsimur said this was good money easily earned from the natural resources owned by the coastal communities of Bougainville and urged that the landowners invest their money well.
He also urged that companies and landowners do fair business to avoid conflict and misunderstanding.
End//
Recent Comments