Investment in the construction industry is running at a higher rate now than at anytime since 2000, according to a recent survey by the Construction Products Association (CPA).

Responding to increasing concerns about product shortages, the CPA’s survey has demonstrated the industry’s confidence in meeting the demand for construction products, backed by a 10% increase in new capacity since 2005. A further 9% rise is planned for the next two years.

Commenting on the survey, Allan Wilen, economics director for the CPA said: “Although there are a number of major construction projects planned over the coming years, including the 2012 Olympics, the industry does not expect problems supplying UK demand for construction products.

“However, what we are concerned with is the longer-term capacity constraints due to inadequate road and rail infrastructure, especially when investment in the road system is at its lowest for a quarter of a century.”

Source

Electrical and Mechanical Contractor