Insights
Singapore - COVID-19: Temporary Measures Act and its Impact on the Construction Industry
Apr 17, 2020The COVID-19 (Temporary Measures) Act 2020 (No. 14 of 2020) was enacted and passed on 7 April 2020. Together with the financial measures announced across the three budgets (most recently in the Solidarity Budget of 6 April 2020), the Act aims to provide targeted and temporary relief to individuals and businesses that have been facing unexpected stresses due to the COVID-19 situation.
In this blog, we will focus on the impact of the Act on Singapore’s construction industry.
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Bryan Cave Leighton Paisner LLP is licensed to operate as a foreign law practice in Singapore. Where advice on Singapore law is required, we will refer the matter to and work with licensed Singapore law practices where necessary.
BCLP has assembled a COVID-19 Real Estate / Leasing / Construction taskforces to assist clients with related issues across various jurisdictions. You can contact the taskforce at: COVID_19RealEstateLeasing&Construction@bclplaw.com. You can also view other thought leadership, guidance, and helpful information on our dedicated COVID-19 / Coronavirus resources page at https://www.bclplaw.com/en-GB/topics/covid-19/coronavirus-covid-19-resources.html
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