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Infrastructure work 'could double in five years'

The infrastructure sector could double within five years, according to economists.

The most optimistic scenario of three published by the Construction Products Association would see output in the sector increase by 104% from 2014 to 2019.

Even the middle scenario points to a 72% rise, driven by major projects including Crossrail, Hinkley Point C (pictured), Thames Tideway Tunnel and various motorway upgrade schemes.

Double digit percentage rises are predicted for each of the next five years in this central scenario. Across the wider construction industry, growth is expected to be less than 5% each year.

The more optimistic scenario assumes a range of positive news stories for the industry including strong UK economic recovery, recovery in the Eurozone and a start on site at Hinkley Point C in 2017.

The report added that both scenarios assumed sufficient skilled labour to carry out available work.

It warned: “Considerable investment in skills, construction materials capacity, haulage and plant will be necessary, particularly given the loss in all areas following the worst construction recession in over 35 years.”

 

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