PwC Report, ‘Valuing the role of construction in the New Zealand economy’ shows construction similar to value of the wine industry at 8% GDP
The PwC report released today called ‘Valuing Construction in the NZ Economy’, sees construction leap into the fifth largest sector by employment (178,000 FTEs) and contribute 8% of the country’s GDP - establishing its place as a major generator of NZ economic growth.
The report, commissioned by the Construction Strategy Group (CSG) and the NZ Construction Industry Council (NZCIC), highlights the extent to which the construction sector is a driving force in the New Zealand economy and where both future opportunities and challenges lie. Crucially the PwC report makes a series of key recommendations (for Government, Industry and consumers) covering changes that would improve the productivity and performance of the industry in order to better sustain its long term growth.
Download the report here