Topic > Importance of the construction sector - 613

The construction sector is fundamental for the economic and social development of the country. The UK construction sector has an annual turnover of over £100 billion and represents almost 10% of the country's GDP. The industry employs around two million people in more than 300,000 different companies. Improved transport infrastructure and modern, efficient buildings play an important role in increasing the productivity of businesses in the UK. (ONS, 2011) At the same time, improving social housing in schools and hospitals, as well as providing high-quality public transport, all depend on the construction sector delivering successful projects. In a world where environmental issues are increasingly of paramount importance, an innovative construction sector holds the key to providing solutions that address the challenge of climate change and the efficient use of the planet's resources. As the investment sector is driven, subject to the restrictions of economic recovery and recession.3.3. Construction and CDPL'ONS estimates that the construction sector is growing 201...