By Beatriz Marie D. Cruz, Reporter
THE COST of building materials is likely to remain steady this year amid government demand and slowing inflation, although geopolitical uncertainties may cause price volatility, according to construction company executives.
“Based on the current market situation, we see a steady trend in prices, with partial bias for marginal increases due to demand coming from government infrastructure projects as well as the rollout of economic and socialized housing projects,” Megawide Construction Corp. said in an e-mail to BusinessWorld.
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