Economic development and construction
This article requires more work. Click 'Edit this article' to add content.
The construction industry is vitally important in terms of contributing to economic development. Construction creates, builds and maintains the business workplaces, infrastructure, homes, schools, hospitals, and so on, which provide the services that society relies on. The more innovative, productive and efficient the construction industry is, the greater the economic prosperity of a country.
The economy is heavily dependent on the performance of built infrastructure in order to remain competitive. The quality and efficiency of the built environment will often be a key factor for inward investors when considering their decisions. This has been a crucial factor behind the arguments behind major infrastructure projects such as High Speed Rail 2 (HS2) and the third runway at Heathrow Airport.
Not only is construction essential for economic development, but also in terms of climate change and sustainability, and is very important in terms of countries meeting environmental and societal obligations and requirements. This is partly due to the fact that the built environment has a major impact on the rate at which resources are used. As a means of addressing this, construction is increasingly playing a major role in the drive to promote sustainable growth and development.
[edit] Related articles on Designing Buildings
- Brownfield Land Release Fund BLRF.
- Connecting England's Economic Heartland.
- Construction organisations and strategy.
- Corporate social responsibility in construction.
- Human resource management in construction.
- Infrastructure.
- Keeping 1.5°C Alive: Closing the Gap in the 2020s.
- Microeconomics.
- One Public Estate OPE.
- Resilient infrastructure diversity and equity scorecard.
- Social Value Act.
Featured articles and news
Twas the site before Christmas...
A rhyme for the industry and a thankyou to our supporters.
Plumbing and heating systems in schools
New apprentice pay rates coming into effect in the new year
Addressing the impact of recent national minimum wage changes.
EBSSA support for the new industry competence structure
The Engineering and Building Services Skills Authority, in working group 2.
Notes from BSRIA Sustainable Futures briefing
From carbon down to the all important customer: Redefining Retrofit for Net Zero Living.
Principal Designer: A New Opportunity for Architects
ACA launches a Principal Designer Register for architects.
A new government plan for housing and nature recovery
Exploring a new housing and infrastructure nature recovery framework.
Leveraging technology to enhance prospects for students
A case study on the significance of the Autodesk Revit certification.
Fundamental Review of Building Regulations Guidance
Announced during commons debate on the Grenfell Inquiry Phase 2 report.
CIAT responds to the updated National Planning Policy Framework
With key changes in the revised NPPF outlined.
Councils and communities highlighted for delivery of common-sense housing in planning overhaul
As government follows up with mandatory housing targets.
CIOB photographic competition final images revealed
Art of Building produces stunning images for another year.
HSE prosecutes company for putting workers at risk
Roofing company fined and its director sentenced.
Strategic restructure to transform industry competence
EBSSA becomes part of a new industry competence structure.
Major overhaul of planning committees proposed by government
Planning decisions set to be fast-tracked to tackle the housing crisis.
Industry Competence Steering Group restructure
ICSG transitions to the Industry Competence Committee (ICC) under the Building Safety Regulator (BSR).
Principal Contractor Competency Certification Scheme
CIOB PCCCS competence framework for Principal Contractors.
The CIAT Principal Designer register
Issues explained via a series of FAQs.