Building bonanza

March 26, 2023 9:30 pm in by

Construction is hot in Tasmania as the latest report from the Master Builders finds work was valued at $4 billion last year for the first time ever.

It’s identified $28 billion worth of projects ahead in the next decade, while 3100 new homes are needed to be built annually just to manage population growth.

The Association’s CEO Matthew Pollock estimates it will need to grow the state’s workforce from the current 25,000 to 40,000 in 10 years time.

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“To put that into context that’s the equivalent of the entire population of the Kingborough municipality all working in the building and construction sector.

“It’s a huge challenge but it’s a great ambition to have. The building and construction sector is literally going to build the Tasmanian economy over the next decade.

“We’re committed to working in partnership with the Tasmanian Government, through our High Vis Army initiative to recruit and train the workforce we need to build Tasmania’s future,” he said.