Huwebes, Pebrero 27, 2020

Scotland to become best performing region of 2020

According to Glenigan’s construction market analysis data, Scotland, as a region of the United Kingdom, is expected to experience the greatest uplift in construction starts over the course of the coming year, above any other region of the country.

To be specific, the underlying value of construction starts in Scotland is expected to increase by a proportion of 14 per cent over the course of 2020, with the value of housing likewise having experienced an incline above that of the rest of the nation, with property value having gone up by 2.8 per cent as apposed to the 0.8 per cent of the country as a whole.

Housing construction has therefore increased in Scotland, with come notable projects including the £90M redevelopment of Glasgow’s former Victoria Infirmary by Sanctuary Housing Association as well as the £30M Longniddry Farm residential development which Place for People have appointed the contractor company Cruden to carry out.

The civil engineering industry is similarly anticipating an uplift, with some notable opportunities being present as part of the £24M highways framework for Stirling District Council as well as the £7M roundabout project in Fife.

The most successful contractor company in Scotland over the course of 2019 has been recognised as the Dutch-owned company Royal BAM, which placed in fifth on the most successful contractor rankings for the country as a whole, having been appointed to construct a £50M rail depot at Pitlochry and a £35M health centre in Glasgow.

Following on from Royal BAM on the contractor value ranking for Scotland in 2019 are Robertson, Galliford Try, and Sir Robert McAlpine in second, third, and fourth respectively.

The Economics Director at Glenigan, Allan Wilén stated: “We expect strong increases in private residential, infrastructure and health work this year after strong rises in work coming through the planning system in 2019.”

If you would like to read more articles like this then please click here.

The post Scotland to become best performing region of 2020 appeared first on UK Construction Online.


Walang komento:

Mag-post ng isang Komento