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RE: LeoThread 2025-12-12 21-32

in LeoFinance2 days ago

Part 9/11:

Safety technology, though effective, remains prohibitively expensive for many contractors, especially small and medium-sized enterprises (SMEs). Safety measures typically account for only about 1.5% of project budgets, a figure that industry players recognize is insufficient for comprehensive safety coverage.

Government and industry stakeholders have called for collective efforts to subsidize or share costs, emphasizing that investments in safety are ultimately investments in productivity and worker well-being. Widespread uptake of intelligent safety systems could pave the way for a significant reduction in fatalities.

The Compensation System and Support for Victims’ Families