Market Movement Report Shows Lower Construction Activity

“However, economic data suggests that the private sector is in recovery, and reflected in the new projects added to the pipeline over 2017. The pipeline over 2017 indicated that private ownership accounted for 47.4% of the value of new civil engineering development applications in 2017, as opposed to just 24.9% in 2016.” 

According to the report analysis, new projects captured over 2017 indicated that future private sector civil engineering would largely be characterised by renewable…