Funding supports new construction sector Transformation Plan

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Construction Sector Accord transformation director Dean Kimpton.

The Government has committed almost $37.5 million to continue the work of achieving a thriving, fair and sustainable construction sector.

The funding will support the Construction Sector Accord (CSA) to deliver its Construction Sector Transformation Plan 2022-2025.

“This new funding is a significant step forward for the Accord, and we are determined that it will help unlock the sector’s potential to transform its productivity, its innovation, its sustainability, and its health and safety record,” Accord transformation director Dean Kimpton says.

The funding supports the sector to achieve a renewed set of transformational goals under the new plan, to be launched in July. The new Transformation Plan has a greater focus on:

• the Maori construction ecosystem,

• strengthening capability and productivity across small-to-medium enterprises,

• driving innovation, and

• reducing carbon emissions.

These initiatives are aimed at achieving the CSA’s vision of a thriving, fair, and sustainable construction sector that enables the well-being of Aotearoa New Zealand’s people and its environment.

“In its first three years of progress towards industry transformation goals, the Accord has become the ‘go to’ forum for industry to engage with government and vice versa,” Kimpton says.

“It proved its worth during the first Covid-19 lockdown, and has continued to bring leadership to a notoriously fragmented sector.

“This new funding is a significant step up for the Accord, and will allow us to support a greater range of initiatives to transform the sector,” Kimpton says.

The CSA was the country’s first Industry Transformation Plan and was launched in April 2019. Industry Transformation Plans are in progress for eight industries with significant potential for transformational change, which are:

• Construction

• Agritech

• Advanced Manufacturing

• Digital Technologies

• Food and Beverage

• Forestry and Wood Processing

• Fisheries

• Tourism

The Construction Sector Accord is a joint commitment from government and industry to work together to create a high-performing construction sector for a better New Zealand.

Over the longer term, the Accord aims to increase productivity, raise capability, and improve resilience in the sector.

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