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22 Apr 20201 minute read

Coronavirus delays more than 4,500 projects

ECAtoday
Coronavirus delays more than 4,500 projects

More than 4,500 projects worth £70bn have been delayed by the coronavirus pandemic, according to figures from data and research firm Barbour ABI.

The majority of coronavirus-related project delays are in the residential sector at 53% by value and 57% by number. Infrastructure is the next most affected sector.

The report says 378 projects remain open worth a total value of £32.7bn.

Excluding Hinkley Point, the largest sector with projects remaining open is infrastructure with £3.5bn-worth of work, while the medical sector has £2.5bn of work still ongoing.

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