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Impact of Covid-19 to the Y1S2

construction industry and


subsequently the economics in
Malaysia
Prepared by:
Loo Hao Ze (1002161481)
Jordan Soo Mao Soon (1002058266)
See Jia Yi (1002162557)
Adrian Bong Yew Chung (1002162657)
Table of contents

01 02 03
Introduction Summary of practitioner Impact of Covid-19 to the
and screenshot during construction industry and
interview economics in Malaysia

04 05
Proposal to recover the Conclusions
construction economics after
post-covid
Introduction
Coronaviruses
● A large group of viruses which consists of a core
of genetic material surrounded by lipids envelope
and protein spikes.

● Covid-19, a newly discovered virus that is found


in Wuhan, China.

● Main symptom is pneumonia.

● Movement Control Order (MCO) begins from


March 2020

● It also highly affect the construction industry.

● One of the most significant roles in manufacturing


our country.
03
Impact of Covid-
19
To the construction industry and economics
in Malaysia
Types of Impacts

Positive

Negative
Negative Impact of Covid-19 to the industry

More expenditure
on self-care
equipment
- personal protective equipment (PPE)
- mask, gloves, helmet, etc
- to reduce the risk of worker from exposing to
hazards
- company needs to prepared a lot of stock to
supply for every workers.
Negative Impact of Covid-19 to the industry

Duration of work
increase
- MCO, companies need to follow SOP when
doing their work
- workers are divided into group in order to
follow the SOP requirement
- several could not be done as usual, need
physical communication between workers
Negative Impact of Covid-19 to the industry

Changes of
working method
- working through online
- not very common used before this pandemic
- need to purchase some subscription in order
to get full feature; more expenses
- some client still prefer meeting physically.
Positive effect of Covid-19 to the industry

More Family Saving travelling Expenses


Time
-working from home, balance - no need to go to office
working time and leisure time
- more time to spend with own or
family.
04
Proposal to Recover
the economy
Ways to recover the economy

Adoption of Digitization Create a control tower


and accelerate rollout that spans the whole
portfolio

Invest in the culture and Responsibility from


abilities needed to everyone
success
Control of core material
prices
Conclusions
● Covid-19 highly affected economics in
Malaysia
● Construction project postpone
● Inflation rate increase rapidly
● Contractors have difficulty to survive
● Implemented the "Temporary Measures
for Reducing the Impact of Coronavirus
Diseases 2019 (Covid-19) Act 2020" on
23 October 2020
● "Wawasan Kemakmuran Bersama 2030"

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