|
1. | INTRODUCTION |
5 |
| 2. |
SUMMARY AND FUTURE PROSPECTS |
6 |
| 2.1 | SITUATION ASSESSMENT |
6 |
| 2.2 | FUTURE PROSPECTS |
8 |
| 3. |
ECONOMIC ENVIRONMENT AND DEMOGRAPHICS |
11 |
| 3.1 | ECONOMIC BACKGROUND |
11 |
| 3.1.1 | GDP |
11 |
| 3.1.2 | Inflation and Interest Rates |
12 |
| 3.1.3 | Unemployment |
13 |
| 3.1.4 | Household Consumption |
13 |
| 3.1.5 | Sterling |
14 |
| 3.2 | SCOTTISH DEMOGRAPHIC PROFILE |
15 |
| 3.3 | CONCLUSIONS |
16 |
| 4. |
SCOTTISH CONSTRUCTION MARKET OVERVIEW |
19 |
| 4.1 | TOTAL CONSTRUCTION MARKET |
19 |
| 4.1.1 | Construction - New Work |
19 |
| 4.1.2 | Construction – Repair and Maintenance |
20 |
| 4.2 | OUTPUT IN THE CONSTRUCTION INDUSTRY BY SECTOR |
21 |
| 4.3 | CONSTRUCTION EMPLOYMENT LEVELS |
23 |
| 5. |
FACTORS AFFECTING CONSTRUCTION IN SCOTLAND |
25 |
| 5.1 | THE SCOTTISH INFRASTRUCTURE INVESTMENT PLAN |
25 |
| 5.2 | INVESTMENT BY SECTOR |
28 |
| 5.2.1 | The First Minister |
28 |
| 5.2.2 | Education |
29 |
| 5.2.3 | Transport |
32 |
| 5.2.4 | Enterprise, Energy and Tourism |
33 |
| 5.2.5 | Climate Change and Water Industry |
35 |
| 5.2.6 | Health |
35 |
| 5.2.7 | Housing |
37 |
| 5.2.8 | Sports Facilities |
38 |
| 6. |
CONSTRUCTION ACTIVITY BY SECTOR |
40 |
| 6.1 | THE RESIDENTIAL SECTOR |
40 |
| 6.2 | INFRASTRUCTURE |
44 |
| 6.3 | THE PRIVATE INDUSTRIAL AND COMMERCIAL SECTORS |
45 |
| 6.4 | PUBLIC SECTOR NEW WORK |
46 |
| 6.5 | REPAIR AND MAINTENANCE – NON HOUSING |
47 |
| 6.6 | FUTURE OUTLOOK |
47 |
| 7. |
THE MAJOR CONSTRUCTION COMPANIES |
52 |
| 7.1 | STRUCTURE OF THE INDUSTRY |
52 |
| 7.2 | KEY CONSTRUCTION COMPANIES |
52 |
| 7.2.1 | Major Contractors |
52 |
| 7.2.2 | National Housebuilders |
53 |
| TABLES AND CHARTS |
| CHART 1 | SCOTTISH CONSTRUCTION MARKET CONTRACTORS OUTPUT 2003-2013 (£M) |
6 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2013 |
12 |
| CHART 3 | PDI & SAVINGS RATIO AT CURRENT PRICES 1992-2013 |
14 |
| TABLE 4 | EXCHANGE RATE FLUCTUATIONS 2005-2009 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
15 |
| TABLE 5 | POPULATION TRENDS IN SCOTLAND - 1970-2030 |
16 |
| TABLE 6 | SCOTTISH CONSTRUCTION MARKET – 2003-2013 (£M) |
19 |
| TABLE 7 | SCOTTISH CONSTRUCTION MARKET – ALL NEW WORK - 2003-2013 (£M) |
20 |
| TABLE 8 | SCOTTISH CONSTRUCTION MARKET RMI - 2003-2013 (£M) |
21 |
| TABLE 9 | SCOTTISH CONSTRUCTION MARKET BY SECTOR - 2008 (£M) |
22 |
| CHART 10 | SCOTTISH CONSTRUCTION MARKET BY SECTOR - 2002 AND 2008 (%) |
23 |
| TABLE 11 | CAPITAL EXPENDITURE SCOTTISH LOCAL GOVERNMENT 2007/08 £000 |
27 |
| TABLE 12 | CAPITAL EXPENDITURE, ACTUAL GROSS PAYMENTS (£000), 2000/01 TO 2007/08 |
29 |
| TABLE 13 | FORECAST CAPITAL INVESTMENT EXPENDITURE – HIGHER EDUCATION 2008-2012 (£M) |
31 |
| TABLE 14 | FORECAST CAPITAL INVESTMENT EXPENDITURE – TRANSPORT 2008-2012 (£M) |
32 |
| TABLE 15 | FORECAST CAPITAL INVESTMENT EXPENDITURE – ENTERPRISE, ENERGY AND TOURISM 2008-2011 (£M) |
34 |
| TABLE 16 | FORECAST CAPITAL INVESTMENT EXPENDITURE – CLIMATE CHANGE AND WATER INDUSTRY (£M) |
35 |
| TABLE 17 | FORECAST CAPITAL INVESTMENT EXPENDITURE – HEALTH (£M) |
36 |
| TABLE 18 | FORECAST CAPITAL INVESTMENT EXPENDITURE – HOUSING 2008-2011 (£M) |
37 |
| TABLE 19 | TOTAL NEW HOUSING IN SCOTLAND – 2003-2013 (£M) |
40 |
| TABLE 20 | PRIVATE NEW HOUSING IN SCOTLAND - 2003-2013 (£M) |
41 |
| TABLE 21 | HOUSING COMPLETIONS IN SCOTLAND - 2002-2008 (UNITS) |
42 |
| TABLE 22 | HOUSING RMI IN SCOTLAND – 2003-2013 (£M) |
43 |
| CHART 23 | TOTAL HOUSING ACTIVITY IN SCOTLAND – 2003-2013 (£M) |
43 |
| TABLE 24 | INFRASTRUCTURE ACTIVITY IN SCOTLAND – 2003-2013 (£M) |
44 |
| TABLE 25 | PRIVATE NEW COMMERCIAL AND INDUSTRIAL CONSTRUCTION IN SCOTLAND – 2003-2013 (£M) |
45 |
| TABLE 26 | PUBLIC NEW CONSTRUCTION WORK IN SCOTLAND – 2003-2013 (£M) |
46 |
| TABLE 27 | RMI – NON HOUSING ACTIVITY IN SCOTLAND – 2003-2013 (£M) |
47 |
| CHART 28 | SCOTTISH CONSTRUCTION MARKET BY SECTOR - 2008 AND 2013 (%) |
51 |
