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Last Updated:
8th September 2023
Underlying value of construction projects starting on site. (Excludes individual projects of more than £100 million and framework agreements).
The construction industry in South East of England has enjoyed a buoyant couple of years, relative to the sluggish performance seen elsewhere around the UK.
Nevertheless the region has not fully escaped the effects of government cuts. Although the value of social housing have increased over the last two years, the flow of project starts in public sector related areas such as health, education and community & amenity have been less positive.
It is the relative strength of the private sector which has driven the good performance in the South East. The region was one of the focal points of the surge in private housing starts seen during 2012, especially towards the end of the year. Business confidence seems resilient, and we have seen an increase in planned office, private housing and industrial projects over the past year. This, combined with a sharp rise in infrastructure projects, secured a 16% rise in project starts last year..
The South East consists of the following Counties: Berkshire, Buckinghamshire, East Sussex, Hampshire, Isle Of Wight, Kent, Oxfordshire, Surrey, West Sussex.
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