The Bangladesh Association of Construction Industry (BACI) has urged the authorities concerned to adjust the prices of ongoing government funded projects through a special circular to help them recover from the losses caused by the high prices of raw materials.

They also wanted the government to include the rate of water and power bills with the schedule of public work department.

The association made the demands at a press conference held at Dhaka Reporters' Unity in the capital today.

Sheikh Md Rafiqul Islam, former president of the organisation, read out the keynote at the press briefing. 

According to BACI, the prices of different varieties of construction materials have increased from 25 to 45 per cent and the labour cost has also increased by 60 to 70 per cent.

All these are happening at a time when the transport cost is likely to be raised because of the recent hike in diesel and kerosene prices.