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North west projects boost UK construction industry growth
1:34pm Monday 13th January 2014 in News
PROJECTS in the North West are boosting industrial construction growth in the UK, according to a new report.
The value of industrial construction contracts in the North West totalled more than £138 million in November, accounting for 24 per cent of the overall contracts awarded for the sector - an increase of nine per cent from the same month last year.
This is largely attributable to key projects such as the £12m Enterprise Business Park in Burnley, the relocation of Aldi’s regional distribution centre near Bolton and Travis Perkins’ new 700,000 sq ft base in Warrington.
The latest figures, taken from Barbour ABI’s latest Economic and Construction Market Review, highlight marked growth in the UK’s industrial construction sector, with the value of projects totalling £464 million in November - a huge 178 per cent increase on the same month last year.
Michael Dall, lead economist at Barbour ABI, commented: “The figures highlight strong performance in the industrial sector overall, but particularly in the North West where this type of construction appears to be booming.
“This is a positive sign for the region, which is already well-respected.”
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