Will project delays be overcome with new worker intake?

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Project Delays Expected to Improve with New Worker Intake

Sime Darby Property Bhd anticipates that the current labour shortage, which has led to project delays, will be resolved within the next two months as the company actively recruits more workers. While the company is working to mitigate delays, the extent to which these will be fully overcome is still developing.
Labour Shortage Reduction

The property developer is currently experiencing a 50 per cent labour shortage at its project sites. This figure represents an improvement from the 60 per cent shortage observed in the first half of 2022. The company's strategic initiative to bring in additional workers is aimed at escalating progress, particularly by the end of the fourth quarter of this year.
Current Project Timelines

As a consequence of the labour constraints, Sime Darby Property is currently facing project delays ranging from 20 to 30 per cent. Despite these challenges, the company successfully handed over five projects on schedule during the first half of 2022. Furthermore, Sime Darby Property remains optimistic about its capacity to deliver an additional seven projects before the close of 2022.
Mitigation Strategies

To address the worker deficit and its impact on project timelines, Sime Darby Property is collaborating closely with its sub-contractors. This partnership is crucial to ensure the availability of an adequate workforce for project completion. The company has identified resolving the worker shortage as its foremost priority, underscoring its commitment to getting projects back on track.

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Will project delays be overcome with new worker intake?

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