The regional forecasts from Hewes & Associates, shared exclusively with Construction News, highlight a stand-out performer from a regional perspective in the South West with three consecutive years of growth between 2016 and 2018.
The report emphasised that the growth is largely underpinned by the Hinkley Point C project which Hewes & Associates estimates will add £400m-£500m to the region’s construction output over the period.
Hewes & Associates outlined private housing as a key area of growth, having grown 85 per cent since 2012, however it is not expected to be sustained through to 2018 – a sign that, like in many other regions, growth in private for-sale housing may have peaked.
Another concern raised within the report is that Hinkley’s labour demands could lead to increased labour shortages in the region.
The South West Construction Summit will address both of these concerns whilst focusing on three intrinsically linked key themes: Skills and Image, Productivity and Sustainability – delivered by 12 leading construction exponents in the region.
David Sutton, Delivery Director at EDF, will be able to answer any questions you may have about Hinkley’s economic value on the region. Whilst Paul Smith, Cabinet Member for Homes & Communities at Bristol Council, will be able to provide an insight into the future of the private housing market within the region, with specific focus of Bristol’s housing crisis.
To view the full Speaker Programme, please CLICK HERE
Entry into the South West Construction Summit costs just £95+VAT and includes; parking, lunch and refreshments throughout.