News In Brief

STO “quite sure” 17,000 tonne shipment of almost depleted building materials will arrive next month

23 Mar 2013, 7:18 PM

Minivan News

The State Trading Organisation (STO) has announced that a 17,000 tonne shipment of aggregate and river sand will be imported to the Maldives in April.

The announcement follows recent concerns made by the company over its dwindling stocks of both materials, after India revoked its quota to export the material to the Maldives.

Managing Director of STO Shahid Ali told local media that the company is “quite sure” a 17,000 tonne shipment of aggregate and river sand will be brought in early next month.

Local media reported that the shipment will be coming from both Sri Lanka and Bangladesh.

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