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Kyrgyz Government May Label Cement as a Socially Important Product

Kyrgyzstan’s Ministry of Economy and Commerce has proposed adding cement to the list of socially important goods, according to Kabar News Agency.

The decision comes amid a sharp price surge during the construction season. Grades M-400 and M-450 are proposed for inclusion in the list.

Government data shows price hikes by local manufacturers:

“Terek-Tash” LLC: from 290 to 315 soms per 50kg bag;

“South Kyrgyz Cement”: 290–310 soms in the north, 240–250 in the south;

Kant Cement Plant keeps prices at 340 soms;

South Construction Materials Complex: 295–300 soms.

In Bishkek’s secondary market, cement now costs 500–550 soms per bag, raising fears of shortages and speculation.

If approved, the resolution will allow authorities to:

  • Set temporary price ceilings;
  • Monitor trade mark-ups;
  • Inspect pricing compliance;
  • Apply stabilization measures during peak demand.

The initiative aims to protect consumers and ensure price stability in the construction sector.

 

Source
Kazinform

TuraNews

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