Three areas construction firms will be setting sights on through to 2020s
16 March 2018 by Katie Ciechorska
Uncertainty over the effects of Brexit as well as the threat of impending increased interest rates will hamper growth in the construction sector – but three key areas will ensure builders are kept busy through 2018.
Helm Construction Chief Executive Gary Sheppard said: “The Government has set a target of building an average of 300,000 homes per year – while local authority Brownfield sites registers have identified more than 64,000 acres of developable land.
“Second, there is plenty of appetite in the commercial sector, either for new and refurbished office space or for conversion to residential.
“There is also an enormous backlog of large infrastructure projects in the pipeline.”
He said Helm Construction had expanded operations to ensure it covers as many bases as possible.
“For instance, we have recognised that there is likely to be considerably more work out there in sectors such as health care, elderly care and residential homes.
“By retaining a loyal and trained workforce we are flexible enough to be able to bid for a wide range of work rather than relying, on small to medium sized housing developments.”