As 2010 draws to a close we thought we’d take the time to reflect on the year that was and the outlook for our industry moving into the new year.
2010 has presented some challenges for some companies and huge successes for others. We’ve seen several organisations across engineering and construction make redundancies again this year however we’ve also witnessed several companies grow by up to 50% bringing them back to the staff numbers pre GFC. December is traditionally a busy period however this year a lot of companies are winding down late November / early December. We are encouraged by the number of projects being priced and also many projects already have been awarded prior to Christmas. As a result we believe the outlook for 2011 is very positive.
Significant Projects for 2011 within design and construction phase are as follows:
- New Victorian Comprehensive Cancer Centre (VCCC) – $1.07 billion
- Tip Top Apartment Development, comprising of 5 buildings – $120 million
- Regional Rail Link – $4.3 billion
- Stockland Lockerbie Development site with an end land value of approximately $4 billion, planned to include over 11,000 residential lots, with an 85 hectare city centre with provision for a wide range of community facilities
- Swinburne University Advanced Manufacturing Centre – $130 million
- Melbourne Park Redevelopment – $363 million
- Central Park Development Sydney – $2 billion
- Adelaide Convention Centre – $394 million
- Royal Adelaide Hospital – $1.7 billion
If you would like to know more about the above mentioned projects and the details of the organisations involved please feel free to contact Tom Murphy on 0450 009 906 or email your questions to firstname.lastname@example.org