Wales to lead UK construction growth
The Welsh construction industry is set to grow at nearly triple the UK average, with over 27,000 jobs to be created in the coming five years, according to new research released today by the Construction Industry Training Board (CITB).
The most comprehensive and up-to-date industry forecast predicts an annual average growth rate in output of 7.1% for Wales, compared with 2.5 % for the rest of the UK between 2016 and 2020.
With this strong outlook for Welsh construction, the industry, working with CITB, has launched Go Construct, an awareness campaign and bilingual web portal designed to encourage more people to consider a career in construction.
The Construction Skills Network (CSN) forecast, conducted annually by CITB, predicts infrastructure projects will substantially drive growth in Wales in the next five years. Developments include Wylfa Newydd, University of Wales Trinity Saint David’s waterside campus in Swansea and a number of major road projects across the country.
Commercial projects such as the Circuit of Wales, BBC Cymru Wales head offices in Cardiff and a steady increase in repair and maintenance of existing buildings are also driving growth.
Mark Bodger, CITB Cymru Wales Strategic Partnerships Director, said:
“The figures show a strong outlook for the Welsh construction industry, driven by a number of infrastructure projects that have already started or are in the pipeline.
“All types of training, and especially apprenticeships, will be vital to delivering this pipeline of work. This positive forecast should inspire more people to start apprenticeships, and more firms to take them on.”
“Working with industry and government we want to ensure these projects become a reality and that the Welsh construction sector maximises the community benefit of these significant investments.
" Go Construct highlights all of the ways into the industry, including apprenticeships, and the many fantastic careers on offer. Through upskilling and attracting people back to the industry, we can create a diverse workforce to get these projects built.”
Launching the report at the Llantwit Learning Community site which is currently being built by Bouygues UK as part of the 21st Century schools programme, The Finance Minister Jane Hutt said:
“I am delighted to be launching the Construction Skills Network report, particularly as it projects such a strong annual growth for the construction sector here in Wales. The sector plays a vital role in helping us as a government achieve our ambitions for infrastructure investment as set out in the Wales Infrastructure Investment Plan.
“The report provides yet more evidence of the success of this strategic approach and the positive outcomes that we have been able to achieve by forging strong partnerships with our key stakeholders.”
February 1, 2016 | Share: