I. Caledonia Building

Costs Go Even Higher

i FANTASTIC rise in the price L of cement in New Caledonia is expected to send the cost of hiding—already exceedingly high to new peaks.

Cost of cement in Noumea is now be £2 per bag. Most of it comes om France; the rest from Japan, ipanese cement is much cheaper it the price is fixed so that it does >t compete with the French pro ict. No cement is allowed in from istralia. (Australian retail price cement is currently about 15 r bag).

As 99 per cent, of buildings in >umea are built of cement, there ould be a good opening for a ment plant locally.