Disruption of labor markets and supply chain means that
companies are considering their contractual and credit arrangements
and seeking to invoke a variety of risk management strategies to
mitigate the impacts of the COVID-19 pandemic.
The effects of interruption of manufacturing capacity, and
disruption of trading routes will be felt both upstream, in
agriculture and the extractive industries and downstream, in
construction, and in wholesale and retail commerce. For the
construction industry, delays to materials and workforce shortages
will require careful management of sub-contractors and clients.
Industries with demand-linked revenues are implementing
contingency plans as restrictions on movement are imposed. The
aviation and shipping industries are responding to disruption to
flights and voyages, delays and cancellations as a result of
government interventions such as quarantines, enhanced checks or
entry restrictions. Infrastructure projects, particularly