With the New Year upon us and prospects within the construction industry appearing on the rise, there is a view that the year ahead may be very mixed, depending on where your market sits. So do we old steady or plunge headlong into new markets that appear will provide a feast? It would appear that the old adage still applies - follow the money to ensure you can secure your market share. Happy New Year.
The year ahead will be one of “feast and famine” for contractors – depending on what sector of the industry you specialise in. KPMG head of infrastructure, building and construction Richard Threlfall is predicting very different 2017s for many contractors. He said: “2017 will divide the construction sector into winners and losers. “Contractors in infrastructure will win more work as Government and utilities companies continue to spend heavily on road, rail and energy investments. “Contractors who depend largely on commercial demand will see a decline in demand as corporates continue to delay investment decisions pending clarity on Brexit.
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