Infrastructure work forecast to rise 56.9% by 2019

Howard Chapman, Buildingtalk Editor

UK construction is expected to return to pre-recession levels for the first time this year because of a growth in infrastructure spending including a surge in road, rail and energy projects.

Where will the contract and job opportunities be?

Latest Construction Products Association forecast

• construction work to rise 3.6 per cent in 2016 and 4.1 per cent in 2017
• generate more than £10.4bn for the building industry, which accounts for 6.3 per cent of GDP
• Private housing starts to rise 5.0% in both 2016 and 2017
• Industrial activity expected to increase 21.3% by 2019
• Offices construction to increase 7.0% in 2016 and 2017
• Infrastructure work is forecast to rise 56.9% by 2019

Noble Francis, economics director of the CPA, said that despite poor weather that slowed growth in January, the industry is “positive about the next 12-18 months because the fundamentals in the sector are still good.

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