Page 58 - PDP Manifesto 2018

4.2.5 Construction Industry
e construction industry is a major economic driver playing a crucial role in the private sector. e industry currently contributes 17% to the GDP and employs 3.2% of the national labor force. e sector has over 4,009 contractors.
e construction sector is today challenged
Pledges:
with lack of professionalism; inadequate technical, managerial and nancial capac- ity of local contractors; unemployment issues and huge out ow of resources. is has resulted in defective and substandard quality works. In the 2016-17 scal, about 65% of the construction works, amounting to 464 works, failed to complete on time.
We shall prioritize diversi cation of locally produced construction materials, thereby reducing import of raw materials.
We shall promote professionalization, sustainable maintenance, and improvement of quality infrastructure and promotion of green and disaster resilient construction technologies.
The Bhutan Schedule Rates (BSR), which is the basis for all the cost estimates in the construction industry, shall be reviewed and updated through study and review of Labor Material Coe cient (LMC), construction cost index, valuation of properties and speci cations.
We shall develop user-friendly guideline on Building Construction approval. We shall promote the use of relevant advanced technologies to promote mechanization in the construction sector.
We shall promote employment creation in the construction industry by incentivizing construction companies that employ Bhutanese.
MANIFESTO : 2018 57
PEOPLE’S DEMOCRATIC PARTY UNITY. STABILITY. PROSPERITY.