Construction output in the East Midlands is set to get back into growth in 2018, according to a new forecast out today from the Construction Industry Training Board (CITB).
The region can expect an average annual growth in output of 0.5% over the next five years and 8,600 new jobs will be created between 2018 and 2022, according to the CITB’s latest Construction Skills Network report.
Forecast shows that infrastructure will be the strongest sectoral performer with average annual output growth of 4.6% over the five year period.
This growth is being driven by ongoing projects such as the SEGRO Logistics Park East Midlands Gateway and the planned High Speed 2 rail project which will be the main engine of growth in 2019.
The housing sector is also expected to perform well and continue to benefit from a number of housing projects due to commence in 2018 and 2019.
The most in demand jobs will be technical and office based staff, of which 1,650 are needed in the next five years, 950 construction process managers, 900 painters and decorators and 800 carpenters and joiners.
In the public non-housing, industrial and commercial sectors output is expected to continue to struggle from a lack of substantial projects in the pipeline in the long term forecast.
However, performance in the industrial and commercial sectors growth is anticipated to pick up in 2022 in line with an overall improvement in the economy.
Lorraine Gregory, Partnerships Manager for the East Midlands at CITB, said: “There remain good opportunities in the East Midlands for people wishing to join the sector over the next few years, particularly in infrastructure and homebuilding.
“There are jobs onsite and offsite, so there really are huge opportunities in construction for those starting out in their careers.”