Construction industry badly hit by Covid-19, chalks up huge losses

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

CIDB says moving away from over-reliance on foreign workers, introducing automation will help recovery. FMTNews CIDB Covid19 Clusters Construction

The movement of workers between construction sites has been identified as the main cause of transmission at some workplace clusters.

Its chief executive, Ahmad ‘Asri Abdul Hamid, said it was also estimated that the construction industry experienced losses of about RM11.6 billion between March 18 and April 14 this year, and another RM6.9 billion following the reopening of 13 sub-sectors from April 15 to May 1, 2020. It includes other agencies such as the Department of Occupational Safety and Health , Public Works Department , Labour Department and the local authorities.

Ahmad ‘Asri said the 2021 budget allocation of RM15 billion for key infrastructure projects was indeed a much-welcomed move as it would definitely give a boost for the construction industry to recover from the slowdown experienced because of the Covid-19 pandemic and MCO.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines