FOCUS 24
What next for
UK INFRASTRUCTURE, BUILDING AND CONSTRUCTION?
RICHARD THRELFALL, Partner
UK HEAD OF INFRASTRUCTURE, BUILDING AND CONSTRUCTION
The construction industry is in a very exciting place at the moment and there are fi ve key reasons to feel optimistic: the need for infrastructure investment is understood; the value of infrastructure is better appreciated than it has been for many years; the general economic uplift is increasing demand; there is a pipeline of work; and there is a spirit of activism to drive changes.
B
eyond that there is a revolution that is about to engulf the industry, comprising Business Information Modelling (BIM), offsite and modular construction, greener and more
sustainable construction, and information technology that will unite the supply chain. We are heading, above all, for a younger, more diverse and more ambitious industry.
Going forwards, this is going to be a different kind of industry. Wherever I go, what really strikes me about the industry, is the universal desire for change and the desire to see that change happen as rapidly as possible. My spirit of optimism about this industry is driven by this desire.
We need to change not only the industry, but also the image of it that we all portray. We need to believe in this industry as a key driver of economic growth in this country. We need to believe in this
© 2014 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member fi rm of the KPMG network of independent member fi rms affi liated with KPMG International Cooperative, a Swiss entity. All rights reserved.
industry as the creator of quality of life. We need to believe that this is an industry capable of being at the forefront of technology, not lagging behind. If we can do all that, then we will attract the brightest and the best of future generations into this industry. On that basis I believe the future of this industry is very bright indeed.
Our KPMG experts share their insights of what to expect for the industry and how best to prepare.
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