- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 10 Dec 2020
Economic development and construction
This article requires more work. Click 'Edit this article' to add content.
The construction industry is vitally important in terms of contributing to economic development. Construction creates, builds and maintains the business workplaces, infrastructure, homes, schools, hospitals, and so on, which provide the services that society relies on. The more innovative, productive and efficient the construction industry is, the greater the economic prosperity of a country.
The economy is heavily dependent on the performance of built infrastructure in order to remain competitive. The quality and efficiency of the built environment will often be a key factor for inward investors when considering their decisions. This has been a crucial factor behind the arguments behind major infrastructure projects such as High Speed Rail 2 (HS2) and the third runway at Heathrow Airport.
Not only is construction essential for economic development, but also in terms of climate change and sustainability, and is very important in terms of countries meeting environmental and societal obligations and requirements. This is partly due to the fact that the built environment has a major impact on the rate at which resources are used. As a means of addressing this, construction is increasingly playing a major role in the drive to promote sustainable growth and development.
 Related articles on Designing Buildings Wiki
Featured articles and news
Reviewing trends and projections.
Legislation will establish initiatives to move towards net zero.
How to document contractor employment status.
Tech tools to help manage people and space post-pandemic.
A style that ranges from mock Tudor to arts and crafts to the 'Wrenaissance'.
Free guide from Secured by Design.
BREEAM strategy for sustainability and the circular economy.
Free tool to improve the construction programming process.
Are buildings doing what they're supposed to be doing?
Cities with quick access to everything by foot or bike.
The pressures and pinch points of global destinations.
Making the case for a sustainable future.
Retrofit professionals now entitled to enter CIOB programme.
How, where, when and why stereotypes happen.