CITB figures show sustained growth for industry
Published: 27 January, 2016
The Construction Industry Training Board (CITB) is calling for more apprentices as it releases new figures today that forecast an annual average growth of 2.5% for the next five years – and a massive 232,000 jobs to be created.
CITB’s Construction Skills Network report predicts sustained growth from 2016-2020, driven by infrastructure and private housing. The commercial construction sector will experience growth of 3.4% per annum, while private housebuilding will also experience sustained growth across the forecast period. Output in the housebuilding is expected return to pre-recession levels by the end of the forecast period, reaching £26bn by 2020.
Steve Radley, policy director at the CITB, said: “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.”
UK construction growth is set to be fourth in Europe up to 2017, with British builders outstripping those in Germany, France and Spain. Annual growth is predicted in all the UK’s regions and nations up to 2020, Wales faring best with year-on-year growth of 7.1%, followed by the South West (4.4%), London (3.5%), and the North West (2.6%).
In response to the ongoing skills challenge, in 2016 the CITB is launching a series of new partnerships with local and regional training providers to make sure the right training takes place where it is needed most. It is also continuing to work closely with the construction industry to further develop Go Construct, an industry-led web portal, to showcase the opportunities in the industry and encourage more people to join the sector. This should help construction firms recruit the talent they need to grow, and help workers learn about all of the great career opportunities available.
Steve Radley, director of policy at the CITB, said: “We can’t build the Britain we want without growing apprenticeships – and the careers they lead onto. That’s why it is vital that these new statistics, showing solid, sustained growth inspire more people join the construction industry.”
The full report can be found here.