Coronavirus was first diagnosed in Wuhan in December 2019. Since then, more than 785,000 cases of this virus, officially known as Covid-19, were reported across the world by the end of March 2020. As per the latest news reports, as many as 105 countries could be concerned with China, Italy, Spain and the USA among the most heavily hit countries. As new cases crop up each day, the number of infected people is expected to keep rising steadily. OECD has warned of the dramatic consequences that this outbreak is likely to have on the global economy and regards Covid-19 as the biggest threat since the last global financial crisis. The travel, aviation and events industries have been especially impacted, but the resulting commercial disruption is unlikely to remain confined to these sectors. The construction industry has been heavily impacted and construction projects are facing delays and disruptions owing for instance to difficulties regarding the delivery of goods and materials (which are often part of a supply chain) and site closures in order to minimise risks of infection.
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