SINGAPORE: Optimism is building up in Singapore's construction industry, as it overcomes cost and labour issues brought about by recent global events such as the COVID-19 pandemic and the ongoing war in Ukraine.
The price of aluminium has also risen as much as 70 per cent, but has since fallen back to just over 30 per cent from the original price.The Ukraine war has driven up the prices of metal. “During the pandemic, especially during the circuit breaker, a lot of the workers grew a bit tired of the restrictions that were placed on them, no matter how necessary they were at the time,” said Mr Tee.“That's human nature. A lot of them grew emotionally tired went back either to rest for a long period of time, say five years, or permanently.", which requires time and resources.
Authorities have reported that construction output here this year has recovered close to pre-pandemic levels, signalling that construction activities are progressing at a steady pace.
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