Importance Of The Construction Industry

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The construction industry is fundamental to economic and social development of the country. The UK construction industry has an annual turnover of over £ 100 billions and represents almost 10 % of the country’s GDP. The industry employs around two million people in more than 300,000 different companies. Improving transport infrastructure and modern efficient buildings play an important role in lifting the productivity of businesses in the UK. (ONS, 2011) At the same time improvements in schools and hospitals housings social, as well as providing high quality public transport, it all depends on the construction industry delivering successful projects. In a world in which environmental issues are increasingly paramount importance, an innovative construction sector holds the key to providing solutions that will meet the challenge of climate change and the efficient use of resources of the planet. As the investment industry driven, subject to the strictures of economic recovery and recession.

3.3. Construction and CDP
The ONS estimates that the construction industry has increased in 201...

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