About time

摘要

When the previous government introduced Construction 2025, it reinvigorated the key areas the sector must focus on to be fit for the future. The plan laid out some ambitious goals in "big ticket" areas such as carbon reduction, exports and costs. The other key measure focused on faster project delivery, calling for a 50% reduction in the time taken to design and build projects. It's easy to see why central government would want to see construction times reduced. Aside from cost and time being inextricably linked, an industry that can deliver projects quicker is one that is worth investing in. If returns were quicker in coming, it would encourage business to invest in modernising the built environment, which is key to eliminating the boom-and-bust cycle of the construction industry. Indeed, this confidence is not only vital for the construction industry, it's also necessary to encourage more overseas investment into the UK, to maintain competitive advantage over other markets.