New Zealand is currently experiencing it’s biggest construction boom in over 40 years. The construction industry is growing at astonishing rate of over 10% per annum, is generating over $30 billion revenue annually, and employs a record 170,000 people. An unprecedented level of construction growth is expected over the next decade in New Zealand with Auckland set to be at the forefront.
A multitude of factors are driving Auckland and New Zealand’s construction industry to all time highs, these include: soaring infrastructure demand, a chronic shortage of housing, net inward migration, and an economy that largely weathered the financial crisis. The number of infrastructure & construction projects in Auckland and New Zealand is vast and wide ranging. Although fraught with challenges, the future has never looked brighter for New Zealand’s construction sector, with an unprecedented number of opportunities on offer for the construction industry.