Following last week’s EU referendum, where a 52/48 split between voters decided that the UK would leave the European Union, UK Construction Week, the UK’s largest construction event, has called for a united front in the industry to face the challenges and potential opportunities ahead.
Nathan Garnett, Event Director for UK Construction Week, commented: “A new dawn for UK construction begins here. It is inevitable that our industry will experience a period of uncertainty and adjustment, but the construction sector has proved time and time again to be incredibly resilient. Now the result of the referendum is clear, we, as an industry, must move forward together with confidence. Leaving the EU will likely mean UK construction firms will be looking to invest in British products and services like never before.
“The UK boasts many long-term infrastructure projects and the Bank of England have made sound contingency plans for leaving the EU. The UK also has the foundations for a boom in house building, and the industry must and will be committed to meeting the national need for housing. Leaving the EU will inevitably attract new investors to our shores offering new opportunities, and that will happen sooner rather than later. The last few weeks and months have been uncertain for the UK construction industry, but now is the time to embrace the change and these new opportunities.
“This October UK Construction Week will celebrate this vitally important sector for the UK economy and it will now be centre stage for leaders and mentors to strategize and lead us into a new era for UK Construction.”
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