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    BEQ1093 - Assignment 01 - Group 1 - Powerpoint

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    adrian bong

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    BEQ1093 - Assignment 01 - Group 1 - Powerpoint

    Uploaded by

    adrian bong
    3 views13 pages

    Original Title

    BEQ1093_Assignment 01_Group 1_Powerpoint

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    Copyright:

    © All Rights Reserved
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    3 views13 pages

    BEQ1093 - Assignment 01 - Group 1 - Powerpoint

    Uploaded by

    adrian bong

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    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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