May 06th - 06th
The National Construction Expo will show how the construction industry can meet the challenges facing a modern Britain.
By adopting innovative technologies and techniques in order to design and construct the sustainable buildings and infrastructure required by a growing population and to help businesses adapt to the challenges of the unfolding fourth industrial revolution (Industry 4.0).
Employing over 2.5 million people, the construction industry contributes over £110 billion annually to the UK economy, equating to about 6% of total economic output. However, a radical improvement. in the
overall performance of the industry is required if the UK is to successfully complete the greatest construction programmes in its history, entailing investment of more than £600 billion over a decade, with at
least £44 billion for housing. This will encompass building more homes that are affordable in the places where people want to live and delivering major infrastructure projects such as Crossrail.
The Government has set ambitious targets for the industry in its Construction 2025 strategy including:
• 33% reduction in both initial cost of construction and the whole life cost of assets from 2010/09 levels;
• 50% reduction in the overall time from inception to completion for new build and refurbished asses (based on industry standard in 2013);
• 50% reduction in greenhouse gas emissions in the built environment compared to 1990;
• 50% reduction in the trade gap between total exports and total imports for construction products and materials (from February 2013 deficit of £6 billion).