Lend Lease Group retained the top spot in the latest Housing Industry Association -Cordell Construction 100 for 2013/14 released by Cordell Information
and Housing Industry Association. The report presents an in-depth analysis of
the engineering construction and non-residential building sectors and profiles
the largest 100 companies operating in these sectors.
According to HIA Chief Economist, Dr Harley Dale, Australia’s largest
100 non-residential construction companies were awarded contracts for
construction work worth $38.4 billion in 2013/14. The Construction 100 represents
29 per cent of the total value of construction work commenced, up from 21 per
cent the previous year.
Lend Lease Group took out the top spot on the Construction 100 list for
the second consecutive year in 2013/14 winning a total of $4.94 billion worth
of contracts spread across the six construction categories of civil engineering,
commercial, community, flats & units, industrial, and mining; the largest
share of 44 per cent was for civil engineering projects ($2.16 billion).
Thiess Pty Ltd came in second on the basis of value of contracts awarded
in 2013/14 with a total of $2.88 billion, primarily across the civil
engineering and mining sectors, along with modest contracts for the community
Brookfield Multiplex came in third on the Construction 100, having won a
total of $2.51 billion of contracts for work across the commercial, community,
flats & units, and mining sectors.
BGC (Australia) Pty Ltd and Leighton Contractors Pty Ltd rounded off the
top five with $1.61 billion and $1.55 billion worth of contracts, respectively.
The value of work done by the non-residential construction industry
increased by 2.0 per cent over the 12 months to March 2014, while the value of
contracts won by the Construction 100 companies over the same period rose by
7.3 per cent.
Dr Harley Dale notes that commercial
construction now accounts for the largest single share (22.2 per cent) in the Construction
100, followed by civil engineering construction (21.5 per cent), flats &
units (20.7 per cent), and mining (12.5 per cent).