Some construction companies struggling to stay afloat as sector restarts

Even as the construction sector resumes operations, many firms said it will be an uphill task. Some are struggling to stay afloat, especially with the additional costs that come with COVID-19 safe management measures. From providing safe accommodation to purchasing more lorries to transport workers, and swabbing employees to ensure their safety, these are just some of the additional costs construction firms have to bear. Another challenge is that ongoing projects are based on outdated prices, which did not factor in the cost of current compliance measures. Subscribe to our channel here: cna.asia/youtubesub Subscribe to our news service on Telegram: cna.asia/telegram Follow us: CNA: cna.asia CNA Lifestyle: www.cnalifestyle.com Facebook: www.facebook.com/channelnewsasia Instagram: www.instagram.com/channelnewsasia Twitter: www.twitter.com/channelnewsasia

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