CCF Online Masterclass: Victorian Civil Infrastructure Outlook Report - 2021 to 2025 & CCF AGM

CCF Victoria invites all Members to the launch of a major industry research report commissioned by CCF Victoria and prepared by BIS Oxford Economics. The 2021 Victorian Civil Infrastructure Outlook Report provides a forecast on major projects, key issues and challenges confronting the civil construction industry up until 2025 and supplements the Rebuilding Australia – A Plan for a Civil Infrastructure Led Recovery report prepared by BIS Oxford Economics for CCF National, which was released in May 2021.

The report highlights the strong economic benefits which flow from investment in productive civil infrastructure and how it can be a tool for broader economic recovery following the COVID-19 downturn.

These benefits apply equally to Victorian civil construction activity. Given the economic damage wrought from COVID-19, investment in civil infrastructure has a vital role to play in securing and rebuilding jobs and growth in the state. This report provides an updated outlook for civil construction activity in Victoria for the four years until 2025.

It is a positive outlook, with civil work growing another 13% in real terms over the next four years.

BIS Oxford Economics, Adrian Hart, will release the report and also discuss the key demand and supply side risks to maximising the benefit from this significant investment during the outlook period.

Addressing these challenges through a range of policy measures – including lower cost and innovation-friendly procurement processes, skills and training initiatives and accelerating approvals and development of new quarrying capacity to meet future demand – will be critical to realising sustainable growth in employment and economic activity from infrastructure investment.

The release of this report and attendance at this CCF On-line Masterclass webinar, is an event not to be missed.

Please note: The release of the report will happen in conjunction with the 2021 CCF Victoria Annual General Meeting (AGM).

Guest Speaker:

Adrian Hart – Associate Director – Construction, Mining & Maintenance, BIS Oxford Economics

Adrian Hart is an Associate Director of BIS Oxford Economics. He is responsible for analysis and forecasts for the building, construction, maintenance and mining sectors across Australia,

New Zealand and the Asia Pacific. Adrian has over 17 years of experience with BIS Oxford Economics as Economist, with a focus on analysis and forecasts of the Australian economy, investment, construction and mining.

 

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