• Construction industry on track for 22% growth

    Posted by axion on January 30th, 2015

    According to the Construction Products Association (CPA), the construction industry will grow by 22% over the next 5 years.

    Construction of private housing is expected to increase by 18% in 2014 and 10% in 2015. Commercial office building is expected to rise by 10% & 8% over the same period.

    In the short term, the recovery will be led by the private housing and commercial building sectors, but in the longer term, the construction of schools and hospitals will pick up.