Abstract
COVID-19 is a global pandemic that changed the global economic perspective. The ongoing pandemic is indeed the major cause of project delays in the Middle East. A severe impact is being taken place in all industries. Therefore, this research covers the construction industry of Oman, the Impact of COVID-19 on the construction industry; the global impact of COVID-19 pandemic; the impact of global impact, and the prospects of Oman's economy. The study covers the impact of COVID-19 on global and regional economies. The construction industry and its economic prospects are also discussed in the global pandemic of COVID-19. The secondary research critically insight the impact of coronavirus along with the construction business dimensions of Oman's construction industry.
Highlights
The sudden emergence of the novel coronavirus (SASR-CoV-2) known as COVID-19 has had significant epidemiological effect on global population (WHO, 2020), but an adverse ripple effect is being felt by key economic sectors globally, especially in the UK (Al Amri & Marey-Perez, 2020; Jallow et al, 2020)
The purpose of this study is to identify the Covid-19 risk associated with the construction industry, and ways to mitigate the risk
The UK lockdown which strictly commenced on 23rd March is major source of threat and is affecting construction industry on many levels (ARUP, 2020; Jallow et al, 2020), whether housing, non-housing, or repairs/maintenance
Summary
The sudden emergence of the novel coronavirus (SASR-CoV-2) known as COVID-19 has had significant epidemiological effect on global population (WHO, 2020), but an adverse ripple effect is being felt by key economic sectors globally, especially in the UK (Al Amri & Marey-Perez, 2020; Jallow et al, 2020). Because of widespread falls in services, production and construction output, the UK GDP experienced the biggest monthly fall (20.4%) since 2007 in April of 2020, The UK’s construction industry presently the second largest industry contributing 7% of GDP (HoC, 2020) is currently under stress due the pandemic(ARUP, 2020; Jallow et al, 2020; Jones et al, 2020). The purpose of this study is to identify the Covid-19 risk associated with the construction industry, and ways to mitigate the risk. The main body of this study cover the associated risks, performance of the industry, exiting and proposed mitigation measures
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