Want to find out how 2023 is shaping up in terms of UK construction projects? Thanks to Glenigan we have put together an overview of the volume of UK construction projects starting throughout 2023!
2022 has been a busy year for most recruitment businesses, with the increase in demand for talent leading to increases in average salaries, skills shortages and businesses having to work even harder to retain and attract talent.
In this article we have put together a brief overview of which sectors and regions are set to see highest levels of activity in the shape of construction projects starting in 2023. Using data from Glenigan, the leading provider of construction data, we have looked at how many £10m+ projects, across all sectors are planned to start in 2023 within the UK. We also only counted projects where contracts have been awarded.
Below you will see an overview of the sectors and regions that will see the most activity in-terms of projects starting…
Of course, these figures will change over the course of 2023, with projects that don’t end up starting or delayed until 2024 and new projects that get the go ahead for 2023. But as a snapshot, it helps to show what the UK construction and infrastructure sectors in 2023 is expected to see in terms of projects starting.
How do these figures compare?
So how does the figures compare with the previous years? Below we have used the same project value of £10m+ and looked at the previous three years…
2020 = 1,347 projects started
2021 = 2,061 project started
2022 = 2,495 projects started
2023 = 1,954 projects starting
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