The
Australian Constructors Association (ACA) has welcomed the release of the
Ashurst ‘Scope for Improvement’ Report on the construction and infrastructure
industry.
Published
by Ashurst in conjunction with the ACA and Infrastructure Partnerships
Australia, the 2014 Scope for Improvement Report is the latest in a series of
reports that highlight challenges involved in the development and delivery of
major projects.
Based
on comprehensive analysis of the market and incorporating inputs from a wide
range of stakeholders including industry, finance sector and government
agencies, the report discusses current issues and provides insights into the drivers
behind the future of the construction and infrastructure industry in Australia
in the medium term.
ACA
Executive Director, Lindsay Le Compte said that the release of the report
coincides with various budgetary announcements made by Australian governments that
include substantial capital works in the infrastructure sector.
According
to Mr Le Compte, the report reflects the views of industry on the challenges of
delivering large scale projects and is particularly timely as most Australian
governments have made high allocations for infrastructure projects. Key
challenges facing the industry and identified in the report include productivity,
skills shortages, scoping of projects, cost of tendering and risk allocation,
all of which impact construction projects today.
Mr
Le Compte commented that government agencies responsible for managing these
projects will have to work with the industry to ensure the public receives the
benefit of the projects with on-time and on-budget completions.
