Press release
Heathrow's New Logistics Hubs To Drive Off-Site Construction In The United Kingdom - ConsTrack360
The latest move is aimed to make the expansion project affordable and environmentally sustainable as off-site construction in the country had a limited role in supporting major infrastructure projects. The new logistics hubs are also expected to create several new jobs and reduce carbon emissions, thereby supporting the project's efficient delivery. In addition, growth in infrastructure sector is expected to boost Britain's construction industry by up to GBP15 billion outside London by 2020.
The world's third busiest airport is currently inviting communities across the UK to support their area of choice to build the new logistics hubs. The potential sites for the logistics hubs will be evaluated based on three parameters including local skills, connectivity and access to supply chain.
The infrastructure construction was estimated to be GBP 41,087.5 million in 2016, posting a CAGR of 13.2% during review period of 2012 to 2016. Transport Infrastructure dominated the market with 48.3% market share in 2016, while utility system construction accounted for 48.1%.
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