AECOM and Shanghai Greenland Construction partner to target global megaprojects
America’s AECOM has signed a...
Two construction industry giants have teamed up in order to deliver large scale projects in China and around the world.
America’s AECOM has signed a memorandum of understanding with Shanghai Greenland Construction, a subsidiary of the $40bn-revenue Greenland Group, furthering cooperation between the two companies.
Daniel McQuade, President of AECOM’s Construction Services group, said: “Our cooperation with Greenland, which has thrived over several years, creates a strong foundation to explore an even wider universe of future opportunities.
“Aligning our capabilities and resources more closely through the structure of the MOU we signed today enables us to provide a truly differentiated offering of integrated services, in a flexible and reliable manner.”
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AECOM and Greenland have so far worked together on five projects around the world, including a $1.2bn metropolis development in Los Angeles, the first stage of which opened in 2016.
The firms are also cooperating on the London Spire, which is set to become the tallest residential building in Western Europe.
Tong Sun, Executive Vice President of Greenland Holdings Group, added: “With China’s domestic construction industry expanding further and Chinese construction companies seeking to participate in more projects around the world, we foresee great potential for our offerings now and in the years to come.”
Last year AECOM reported revenues of $18.2bn, placing it comfortably on the Fortune 500 list of America’s largest companies.
Apprenticeships can bridge skills gap says Autodesk director
The UK construction industry needs 216,800 new workers by 2025 to meet rising demand, according to the Construction Skills Network published by CITB.
Even before Covid-19, it was estimated it needs to attract 400,000 new recruits each year to meet the UK’s infrastructure needs.
But given one in three current construction employees are over 50 there is predicted to be a 20-25% decline in the available workforce over the next decade. And with end of the free movement of people from the EU, it has further limited access to skilled talent.
Mike Pettinella, Director, Autodesk Construction Solutions EMEA, believes the solution may be one that is hardly new, but might have taken a back seat during the pandemic.
"Apprenticeships could help us bridge the construction skills gap and meet this rapidly rising demand, and attract a new crop of younger talent to the industry," he said.
"Apprenticeships benefit everyone. For candidates, it’s an opportunity to learn valuable skills without incurring thousands of pounds of student debts. For employers, it’s a chance to train up employees in the competencies that are really needed – combining technical knowledge with collaboration and team work, which are equally important as you enter a new industry. And if you’re a larger company and already required to pay the apprenticeship levy, it makes sense to ensure you’re benefitting from the scheme too."
Marshall Construction recently took on nine new apprenticeships covering various roles. "Some of our previous apprentices have left and started their own businesses, which sets them up for life," said Chairman Robert Marshall. "Most of our current managers came from organic growth within the business whom we have trained to our own standards." Firms such as Barnwood Construction and Keepmoat Homes are also advertising and supporting apprenticeships.
According to the CSN, most English regions will experience an increase in construction workers by 2025, with East Midlands (1.7%) and West Midlands (1.4%) forecast to lead demand. Scotland (1.4%) and Wales (0.7%) are also predicted to fare well. The only region forecast to see a slight decline in workforce is the North East (-0.1%).
Major projects such as HS2 are driving growth in some regions and infrastructure (5.2%) and private housing (6.7%) should see the healthiest pace of expansion by 2025.
The impact of the Fourth Industrial Revolution on the future shape of work will be profound. Modelling by the McKinsey Global Institute on the effects of technology adoption on the UK workforce shows that up to 10 million people, or around 30 percent of all UK workers, may need to transition between occupations or skill levels by 2030.