The outworkings of the current material shortages and price increases in the sector mean that construction businesses are reporting once in a generation cost increases and pressures that, if left unaddressed, threaten sustainable businesses and, ultimately, jobs and livelihoods.
In addition to the alarmingly high number of jobs lost in the construction sector during the recession, perhaps the most visible aspect of the downturn was the significant drop in both property values and new builds …
There is now a critical need for new homes to be built – from the positive impact this would have on jobs to how new housing underpins both regeneration and economic growth.
With less than 50% of new housing need having been met consistently over the last decade, there is a very urgent need to act and act now – particularly in respect of private housing.
As the certified representative body for the construction industry in Northern Ireland, the Construction Employers Federation (CEF) represents the interests of not only its member companies but those of roughly 65,000 skilled workers engaged within the wider construction sector. In the below ‘Work in Progress’ update, CEF Managing Director, Mark Spence, discusses some of the issues the Federation is currently working on.
The Housing Executive is holding a Meet the Buyer event on Thursday 24 June, via Webex, for its Contract for Maintenance and Improvement Services 2021.