Concerns Mount Over Theft, Vandalism On Construction Sites
By Emmanuel Badejo
Construction companies are losing more than $1 billion yearly to equipment theft and vandalism. The incidence of theft and vandalism sometimes depend on the nature of construction work and these vary among housing developments, roads and highways construction, dam structures, airport, and stadia construction.
REAL Estate professionals have expressed concern over cases of threats and vandalism on construction sites, urging project managers and corporate organisations to put in place tested measures and thereby reduce usual losses and delay of projects, occasioned by theft and vandalism.
All over the globe, wherever construction is underway, there will be related problems of theft, but these may assume significance for a particular police jurisdiction only during a construction boom.