Housing construction in the British capital stalled last year, according to figures provided by the construction industry.In 2018, the number of new homes reported in London decreased by 10%. A much more significant decline in the capital than in the rest of the country.
The company Carillon is a British multinational facilities management and construction services company headquartered in the United Kingdom. One year after the resounding bankruptcy of Carillion, the sector is facing multiple difficulties. 2018 has been an eventful year for British construction and 2019 promises to be just as tumultuous. Indeed, it has been a little over a year since Carillion went bankrupt, disorienting the sector.The growth in the British construction sector fell to a three-month low according to official statistics.
Why not the UK ?
In view of the Brexit and therefore the decline in the construction market in England, we aim to start our business on the french market. France is a hub. It is very well located, between Spain, Luxembourg, Italy, Belgique, Allemagne and Suisse. In addition, it has many airports, highways, ports and railways. The building sector is and has always been a very well working in France. The construction sector represents more than 170 billion euros in annual turnover. There are around 536,000 construction companies in France and the construction sector alone employs no less than 1.5 million employees. One our business will has started, we could extend it in Europe.
Global construction by 2025 : According to a study by Oxford Economics, the global construction market is expected to grow by 70% by 2025. It is mainly emerging countries that will make the difference, such as Nigeria with an annual growth rate of 9%. In addition, the Indonesian construction market is growing from 10th to 5th place worldwide. Also, China could represent 26% of the market within 10 years. The study also states that China, the United States and India will together account for 60% of the projected $6.3 trillion increase.
To know more about the Brexit, just go here : https://www.bbc.co.uk/news/uk-politics-32810887
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