CITB Predicts Construction Growth
The construction industry is set to grow 2.5% in the next 5 years and will create 232,000 new jobs in the process, according to the Construction Skills Network report released today by the Construction Industry Training Board (CITB).
According to the report, the commercial construction sector will grow 3.4% per annum during this period, whilst private housebuilding is set to return to pre-recession levels. The report goes on to explain that infrastructure is expected to be the ‘star performer’ due to projects such as HS2
As a result of the foregoing demand for construction professionals is set to increase, particularly for construction trade supervisors (2.4% a year on average), architects (2.2%), surveyors (2.1%) and other construction professionals and technical staff (2%).
Steve Radley, Director of Policy at the CITB said:
“We can’t build the Britain we want without growing apprenticeships – and the careers they lead onto. That’s why it is vital that these new statistics, showing solid, sustained growth, inspire more people join the construction industry.
“We also want to attract workers who have left the industry to return, and upskill those currently in the sector, so we can deliver major projects and new housing faster and better.”
To read the press release follow this link.
If we can assist you in any way, or if you simply want to discuss the needs of your construction and engineering project, we would be delighted to meet with you either in our office or at your office to discuss your issues. Please contact us at any time.