Tag Archives: stockpile

Khaw Boon Wan: Government not profiteering by raising granite stockpile price

The government raised the granite stockpile price from S$30 to S$50 per tonne this month because it wanted to incentivise the construction industry to actively look for alternative supply sources. National Development Minister Khaw Boon Wan made this point in a blog post, after Member of Parliament for Nee Soon GRC Lee Bee Wah asked in Parliament today (March 4) if the government was profiteering by raising granite stockpile price.

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