Clearview National February 2015 - Issue 159 | Page 75

businessnews Industry Needs to Improve Skills Gap in 2015 »»Richard Threlfall, KPMG’s Head of Infrastructure, Building and Construction, highlights that this year the construction industry will need to address the widening skills gap and take further steps to improve the image of the industry. He said: “Many in the industry are nervous about what the General Election will mean for construction, but I am confident we will not see a repeat of the mass cancellation of schemes that took place in 2010. Our main political parties understand the importance of infrastructure investment for driving the UK’s future competitiveness. We estimate that by 2016, the country will be investing £45bn per annum in infrastructure, and the Government’s construction pipeline now shows a total of £116bn of spend over nearly 2,000 projects. But that does not mean the industry can relax. It has plenty of challenges, but they are more subtle than five years ago, and more for the industry itself to address. “As early as April 2015, the delivery of the UK construction pipeline will hit a constraint imposed not by lack of political will or funding but for lack of a sufficiently large and trained workforce. We estimate that by that 150,000 more workers will be needed on site to deliver major projects in London and the South East. The industry is failing to hire sufficiently fast, and is failing to train in sufficient volume, the workforce it needs. “The construction i