Construction Products Association chairman John Sinfield has called on the industry to address persistent and serious challenges facing the entire supply chain through the creation of a new, cross-party manufacturing strategy.
Mr Sinfield pointed out that the Association recently forecast the construction industry’s contribution to the wider UK economy will grow from £110 billion this year to £130 billion by 2017.
“A year ago we were suffering one of the worst quarters in recent memory, and speaking hopefully of the ‘dark before the dawn’”, said Mr Sinfield. “We now have a firmly entrenched recovery underway across both the construction and manufacturing industries and the wider UK economy. This is the time for our industry to come together and speak with a coherent voice on a number of pressing issues.
The Association is undertaking a number of projects in support of the Industrial Strategy for Construction. One is a study of a long-term projection of construction output and an analysis of the current level of capacity for construction product manufacturing, which has been published this week.
Another is to assess the regulatory and political risks that may inhibit further investment in businesses here.