Train4TradeSkills News: Contractors urged to exploit “niche” construction areas to win work
In the midst of a recession, jobs are hard to come by and there is intense competition for each vacancy. But construction experts have said that by looking outside of the box and exploring “niche” areas is the way forward.
The construction industry is expected to struggle over the next couple of years, according to a new survey from the Construction Products Association, which we covered on Train4TradeSkills News this week. The industry is expected to fall by 0.5% this year and an extra 2.8% in 2012.
But there are jobs about and by exploring the right areas, contractors can flourish in the recession.
The Construction Products Association have revealed that the office market looks promising, with new offices being built all over the UK. The office market is set to boom, with growths of 3.5% this year, followed by a 10% growth in 2012 and 18% in 2013. This is evident by the news this week that London is set to see £22 billion worth of new residential and office projects before 2020.
Another sector which is set to flourish in the next few years is the electrical industry, with the energy sector expected to grow by 14.5% this year, and 15.5% and 22.5% in 2012 and 2013 respectively.
The CPA’s Noble Francis has talked about this, urging construction companies and contractors to explore areas which they don’t traditionally operate or “niche” areas that are performing well like offices and the energy sector.
Dr Francis said: “Contractors should look to move into these growing sectors, as there are niches within them where they can find work.”
Posted on July 7, 2011, in construction jobs, construction news, electrician jobs, plumbing jobs, t4ts, train4tradeskills and tagged construction, Construction and Maintenance, construction jobs, construction london, Construction Products Association, construction recession, electrician jobs, London, Office, plumbing jobs, t4ts, train 4 trade skills, Train4trades, train4tradeskills. Bookmark the permalink. Leave a comment.