Brexit: Implications for infrastructure

Brexit: Implications for infrastructure

Slower pipeline today, but that may help in long run.

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Partner and Head of Infrastructure Building & Construction

KPMG in the UK

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Britain’s construction industry will probably be one of the worst affected by the Brexit vote. But is it all doom and gloom? 

In the immediate aftermath of the Brexit vote, construction output has fallen at its fastest pace since 2009. Although it did bounce back in August, we can expect that in the coming months and possibly two years, just like the UK government, the construction industry will go through significant challenges.

However, Richard Threlfall, Head of Infrastructure, Building and Construction KPMG in the UK, outlines why a fall in the pound and industry pressures will accelerate acquisition opportunities in this industry.

 

Highlights:

  • UK construction is very domestic, fragmented, inefficient and ripe for consolidation
  • Existing government-led programmes, especially in highways and rail are likely to continue as planned
  • External investors and/or alliances with technology businesses will be needed to trigger prefabricated construction, on-site 3D printing and robotics
  • The UK’s acute shortage of housing will eventually re-ignite demand in infrastructure and construction development.

KPMG Brexit

KPMG Brexit

Brexit: A catalyst for businesses to reset their futures.

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