{"id":36739,"date":"2017-11-28T14:17:50","date_gmt":"2017-11-28T14:17:50","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=36739"},"modified":"2017-11-28T14:17:50","modified_gmt":"2017-11-28T14:17:50","slug":"construction-sector-gains-250m-under-industrial-strategy","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-sector-gains-250m-under-industrial-strategy\/36739\/","title":{"rendered":"Construction sector gains \u00a3250m under Industrial Strategy"},"content":{"rendered":"<h2>The construction sector has been chosen as one of the four key industries to receive a government boost as part of the long-awaited new Industrial Strategy published yesterday (27 November)<\/h2>\n<p>The government is to invest \u00a3725m in new Industrial Strategy Challenge Fund (<a href=\"https:\/\/www.gov.uk\/government\/collections\/industrial-strategy-challenge-fund-joint-research-and-innovation\">ISCF<\/a>) programmes to capture the value of innovation. The four industries which have secured sector deals include; construction, life sciences, automotive and AI.<\/p>\n<p>The <a href=\"https:\/\/www.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/662508\/industrial-strategy-white-paper.pdf\">white paper<\/a>,\u00a0Industrial Strategy: Building a Britain fit for the future, revealed the details which aim to tackle productivity problems across the UK.<\/p>\n<p>The deal, worth up to \u00a3250m to construction, was confirmed by business secretary Greg Clark and contains commitments between the government and the industry to work collaboratively in three key areas: procuring for value; industry-led innovation; and skills for the future.<\/p>\n<p>In a statement, the government said: \u201cThe deal will substantially boost the sector\u2019s productivity, through greater investment in innovation and skills, creating new and well-paid jobs and maximising its export potential. This will also reduce the environmental impact, improve the efficiency and reduce whole-life cost of new projects and buildings to help build the houses, schools, hospitals and major transport projects we need.\u201d<\/p>\n<p>As announced in\u00a0last week\u2019s budget, the government has committed to investing a further \u00a3725m over the next three years in the ISCF, including \u00a3170m to transform the construction sector. It also pledged \u00a364m to digital and construction training as part of the National Retraining Scheme.<\/p>\n<p>Mark Farmer, chief executive of <a href=\"http:\/\/www.cast-consultancy.com\/\">Cast consultancy <\/a>and author of the government-commissioned review of the construction industry, said: \u201cThe UK\u2019s productivity puzzle is at the core of the Industrial Strategy and I am particularly pleased to see that government has recognised the specific importance of the construction industry within this.<\/p>\n<p>\u201cMore strategic investment for modernising construction technologies and associated skills and training programmes is most welcome.<\/p>\n<p>\u201cWhen combined with the recent <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/autumn-budget-abolishes-stamp-duty-for-first-time-buyers\/36596\">Autumn\u00a0Budget <\/a>announcement\u00a0regarding the government moving towards a presumption of using modern methods of construction for many of its programmes, this represents the single biggest and coordinated set of measures attacking construction industry modernisation since the publication of the Farmer Review last year.\u201d<\/p>\n<p>Dr Diana Montgomery, chief executive of the <a href=\"https:\/\/www.constructionproducts.org.uk\/\">Construction Products Association<\/a>, said: \u201cThe construction sector has great potential as a key enabler of UK economic growth, and given last week\u2019s downgrade from the OBR for UK productivity this takes on a greater urgency.<\/p>\n<p>\u201cThe newly announced sector deal for construction will be crucial for the whole supply chain over the coming years, especially if we are to help government achieve its aims of building more homes and improving the UK\u2019s infrastructure.<\/p>\n<p>\u201cIn addition, given the risks around <a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/construction-skills-shortage-holds-back-development\/32937\">skills shortages <\/a>and productivity weakness, we welcome government\u2019s much-needed boost to improve digitalisation and construction skills. Critical to the success of any sector deal is leadership within industry through the <a href=\"https:\/\/www.gov.uk\/government\/groups\/construction-leadership-council\">Construction Leadership Council <\/a>(CLC) to offer an effective contribution.\u201d<\/p>\n<p>John Hicks, director and head of government &amp; public at <a href=\"https:\/\/www.pbctoday.co.uk\/news\/bim-news\/future-gazing-bim-data-and-the-future-of-construction\/36338\">Aecom<\/a>, added: \u201cWe\u2019re extremely enthused by the prominence of modular and the strategy to encourage the use of offsite manufacturing by government departments, we see this as an important step to modernise our industry.<\/p>\n<p>\u201cHere at Aecom we recognise that for such schemes, the design process of the future is as important as construction. So therefore we welcome the investment in education for both construction and digital skills.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The construction sector has been chosen as one of the four key industries to receive a government boost as part of the long-awaited new Industrial Strategy published yesterday (27 November)<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,276,656],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-36739","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-government","9":"tag-housing"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Construction sector gains \u00a3250m under Industrial Strategy | Planning, Building &amp; 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