GCF faced with potential loss of $ 500,000

PUL-I-KHUMRI (SW) – The Ghauri Cement Factory is faced with potential loss of $ 500,000 if immediate actions are not taken.

Head of the workers’ union at this factory, Ahmad Nisar, told Salam Watandar up to 80,000 tons of cement manufacturing material is in the stores. He warned if it is not utilized soon enough, the factory would sustain financial losses of some $ 500,000.

It has been almost a month since the workers are protesting against the privatization of the Ghauri Cement Factory.

For almost 12 years, a private firm was given the control of this factory, however, the government took back the charge last year.

Abdul Hai Naimati, Baghlan governor, said the provincial administration has no authority to privatize the factory. He said the issue has been shared with the relevant ministry for the ultimate solution for this problem. The governor said efforts are underway to handover the factory to a private operator.

In the meantime, Riazuddin Sharifi, head of the Ghauri Cement Factory, acknowledged the threat of potential financial loss. He expressed optimism the perishable raw material would be used within ten days.

ENDS