Overview of The Industry

Overview of the Construction Industry

The construction industry is a very broad industry comprised of both the public and private sectors. The private sector is fairly small and is comprised of housing and building sub-categories that mainly cover the construction of residential units. The public sector on the other hand is quite big and constitutes nearly 80% of all activities in the construction industry. The construction industry is also tasked with industrial repairs, maintenance and refurbishment of existing structures and buildings. Players in the construction industry are responsible for  ensuring that they undertake the installation of services such as ventilation systems and power in newly constructed buildings and other already existing housing units.

The construction industry has had a steady growth in the recent past. This growth has been quite important in that it has increased activities in this sector, a factor that has in turn resulted in high job creation in the industry. In 2011, the global construction industry growth was estimated at 6.2%, which was an increase of 0.8% from 5.4% in 2010.The main factors that have greatly contributed to this  growth are the introduction of high efficiency construction tools and equipment that have improved the overall productivity in this sector. Analysts project that by the year 2015, the construction industry will have created a little over 300,000 jobs globally. This is important especially since the world economy has been undergoing recession and needs to be stabilized.

There are different careers to be found in the construction industry, as the industry employs people who have different types and levels of skills. This is inclusive of professionals like quantity surveyors and engineers. In addition to this, the industry also employs different types of technicians, skilled laborers and managers to handle the administrative tasks involved in the sector. There are different aspects in the construction industry which includes planning, designing and architecture . This type of construction worker mainly aims at putting up new buildings and renovating buildings. If you are interested in getting an apprenticeship in construction checkout our blog about how to get an apprenticeship. Or if you are looking for a job in construction and want some ideas on how to get a job – checkout our blog about how to get a job in construction.

Managerial jobs in the construction sector touch on aspects such as overseeing the smooth running of projects, and calculation of the costs required in order to finance projects until they are fully completed. There are numerous career opportunities in the construction industry. People who have a passion and desire to work in this industry only require identifying the profession of choice and making sure that they meet the basic qualifications set for the specific professions. One of the main advantages associated with working in the construction industry is that employees get an opportunity to advance their skills. The industry also offers competitive salaries for players in the industry.

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