The price has highly increased and doubled that at bidding time, up from VND100,000 a cubic meter to over VND200,000.
Supply has been short of demand causing construction stagnancy of many large traffic projects. A bid package of Ben Luc-Long Thanh expressway has been behind schedule for a month because of sand shortage.
Lo Te-Rach Soi street has been built perfunctorily as it needs 6,000-7,000 cubic meters of sand a day but supply has met only 1,000-2,000 cubic meters. Therefore, the project might not be built and opened to traffic in 2018 as per plan.
Similarly, Trung Luong-My Thuan expressway has faced severe sand shortage.
According to the Ministry of Transport, the material deficiency has sharply increased prices in the Mekong Delta. Many provinces have not issued or updated sand price lists.
Therefore, the ministry said it would propose An Giang, Tien Giang provinces and Can Tho city to soon update and announce sand prices in their localities to create a basis to make up the price increase for contractors.