In its bid to boost productivity, the UK government has chosen construction as one of its highlighted industries.
Construction has been granted one of the most recent rounds of sector deals, this one worth up to £250m. The deal was announced at the same time that Business Secretary Greg Clark revealed the government’s Industrial Strategy plans.
The construction sector was one of 11 industrial areas remaining in the competition for deals. Construction productivity is expected to improve as a result.
The other sectors that benefited from such deals are automotive, artificial intelligence, and life sciences.
Mr Clark said that the industrial strategy sets out how the government will maintain and support these and similar strengths and use them to the country’s advantage.
But, as he pointed out, any important strategy should address the deficiencies that prevent the country from achieving its potential and maximising its strengths.
“This Industrial Strategy does that,” he said.