Civil Engineering in Wales Set to Face Another Bleak Year; Rhodri-Gwynn Jones, Director of CECA Wales, Says That the Beleaguered Construction Industry Is Unlikely to Show Signs of Recovery from Recession until 2011

Byline: Rhodri-Gwynn Jones

The latest predictions from the Construction Products Association make very depressing reading for the civil engineering (and wider construction) sector in Wales. Construction workload is unlikely to recover from recession until 2011, and contractors will have to wait a further decade before workloads return to the 2007 peak - yes, that's right, 2021!

Meanwhile tender prices continue to fall, by 5.2% in 2009, with a further 1.8% fall predicted in 2010.

A more drawn-out recession could see a further fall of 1.9% in 2011.

Compounding the concerns are the likely public spending cuts, currently being considered in their draft forms , with the Welsh Assembly Government's Economy and …

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Publication information: Article title: Civil Engineering in Wales Set to Face Another Bleak Year; Rhodri-Gwynn Jones, Director of CECA Wales, Says That the Beleaguered Construction Industry Is Unlikely to Show Signs of Recovery from Recession until 2011. Contributors: Not available. Newspaper title: Western Mail (Cardiff, Wales). Publication date: October 22, 2009. Page number: 6. © 2009 MGN Ltd. COPYRIGHT 2009 Gale Group.

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