In Dak Nong, the Provincial People's Committee has granted 7 construction sand mining licenses with a total capacity of 182,000m3/year. All licensed units exploit sand on the Krong No river, in the communes of Quang Phu, Dak Nang, Nam N'ted and Buon Choah.
In recent days, a survey of construction sand prices in Dak Nong province shows that dealers are selling to consumers at about 1 million VND/m3 of construction sand; the price of perilla sand is higher, about 1.2 million VND/m3.
This is a record price in many recent years in Dak Nong province. Compared to the average sand price in previous months, it has increased by 2.5 times (about 400,000 - 500,000 VND/m3).
Not only has sand prices skyrocketed, but the current supply is very scarce. The reason is that licensed sand mines in Dak Nong have stopped operating or are only exploiting at a low level.
The skyrocketing and scarce sand prices have created great pressure for the construction industry in Dak Nong. Especially at a time when Dak Nong province is speeding up the construction progress, completing a series of key public investment projects on a local scale.
Regarding this incident, on the afternoon of May 22, the Dak Nong Provincial People's Committee issued a document assigning the Department of Agriculture and Environment to advise on a plan to direct competent authorities to control prices and the supply of construction materials, especially sand and stone.
The Department of Agriculture and Environment has invited leaders of relevant departments and branches to meet to grasp the situation of sand supply and prices. After receiving opinions from departments and branches, the Department of Agriculture and Environment will propose solutions to ensure a long-term supply of construction materials to serve the construction of public investment projects.