TEHRAN, Iran, April 4. The increase in inflation rate is affecting the launch of construction projects especially road maintenance, said the official of Iran Road Maintenance and Transportation Organization (RMTO), Reza Akbari, Trend reports citing ILNA.
"The price fluctuations will make construction projects challenging, that include a rise in the price of labor, material and running costs," he said.
The Road Maintenance and Transportation Organization has suggested official pricing of construction materials to control prices and protect construction projects.
According to the official, one of the solutions for financing projects is using the capital market to trade bonds for construction projects.