Relief for construction industry to share Covid-19 impact; Redas flags 'heavy burden'

THE construction industry has flagged the risks of disputes between long-standing partners, as industry players weigh the relationship costs of tapping latest relief measures made available to them.

Industry players can now seek adjustments for higher foreign manpower costs from their contract partners, easing the impact from recent border restrictions to rein in the spread of Covid-19. The latest relief measures are meant to share more fairly the burden of the pandemic across all stakeholders in the sector.

This has prompted the Real Estate Developers' Association of Singapore (Redas) to point out too the "heavy burden" that developers have shouldered as a result of the Covid-19 outbreak.