CPA chair calls for positive response
SPEAKING to an audience of more than 500 guests at the Construction Products Association’s Autumn Lunch, the Association’s chairman, Bill Bolsover, welcomed the political stability that the Coalition government had brought since the election and urged the industry to respond positively to the recent cuts in public spending, which he said were inevitable given the Government’s desire to address the structural deficit.
Even though £25 billion is expected to disappear from public capital spending on construction over the next four years, Mr Bolsover reminded his audience that this represented only 6% of construction spend, and that most companies in the industry had had to adjust to reductions of much more than this over the last couple of years.
‘Surely we can make up from the private sector far more than we are losing from the public spending, given the many major projects that have to be delivered,’ he said.
Mr Bolsover cited projects such Crossrail, the replacement of Heathrow’s Terminal 2, the eight new nuclear power stations that the country needs and the £3.5 billion of office development that is expected to be built in London alone, as examples.
At the end of his speech, Mr Bolsover called on the industry, with support from the Association, to play its part in helping to deliver the economic recovery. ‘I want to see the Association more prominent in creating a climate in which society recognizes the benefits that will accrue from the improvements in the built environment,’ he said.