Abstract:
During COVID-19 pandemic, construction industries faced a crucial financial crisis of rapid
capital outflow slipping out of normal equilibrium including high liquidity and unstable
exchange rates fluctuation. The disruption of financial distress of construction companies
required the government to react aggressively to resurgent economic recovery for future
growth through stabilizing the economy and monetary policies. Malaysia Economic Recovery
Plan works as an essential driver to reshape the Government's versatility to overcome the
effect of COVID-19 pandemic toward financial calamity and the global financial crisis. This
study will identify the overall framework for sustaining the survivability of construction
companies in Malaysia during COVID-19 pandemic by analyzing the strength and weaknesses
of Malaysian construction companies. This study will provide strategic options that could
apply to address the gaps through innovation management policies towards the Malaysian
Economic Recovery Plan during pre and post COVID-19 in sustaining the survivability of
construction industries' performance. This study will form a basis for designing future
research to improve the Malaysian construction industry's sustainability.
