Introducing Construction 2025
In July 2013, the government and construction industry leaders worked together to create Construction 2025 – a strategy aimed at developing ‘a clear and defined set of aspirations for UK construction’ by 2025.
Over the next few months I will be delivering a series of Construction 2025 blogs, exploring the different themes behind the strategy and presenting ways in which Speller Metcalfe is making steps towards reaching these ambitious targets and how we approach our projects.
Although much of what I will discuss relates to a business ethos that is already ingrained at Speller Metcalfe, in some aspects Construction 2025 has helped us to take a more focused and holistic approach to the way we work as a Company.
What are the targets for Construction 2025?
- 33% reduction in both the initial cost of construction and the whole-life cost of assets;
- 50% reduction in the overall time from inception to completion for new build and refurbished assets;
- 50% reduction in greenhouse gas emissions in the built environment;
- 50% reduction in the trade gap between total exports and total imports for construction products and materials.
How can we reach these targets?
The 2025 industry strategy is broken down into five key themes and commitments to help industry meet these set targets:
At the moment we are seeing key discussions taking place about how industry is working towards achieving these goals and indeed how viable they are – something which was prevelant throughout UK Construction Week and in particular at the Midlands Construction Summit, which proved a unique opportunity for contractors to come together and share our experiences and forward strategies.
At Speller Metcalfe we continue in the spirit of collaboration through our blog, workshops and sharing of lessons learnt to encourage others towards achieving a more efficient, sustainable and innovative industry.
In the next blog we will be focusing on ‘People’ and the way construction companies can recruit, retain and develop skilled, hard-working people to accommodate the increasing demand for skilled labour and to gain competitive advantage.