CITB to invest over £233m in construction

With a strong focus on three core challenges for construction, CITB published its Business Plan, announcing it will be investing over £233m across Britain to support construction throughout 2022/23.

CITB’s investment plan responds to the estimated demand for an additional 50,000 workers every year and is primarily focused on securing construction’s talent pipeline. This year, the organisation will run and support a whole host of initiatives aimed not only at inspiring people outside of the industry to choose construction as their career, but also upskilling and retaining existing talent.

Tim Balcon, Chief Executive said: “I am proud to be sharing my first business plan as Chief Executive at CITB, which sets out how CITB will approach its role in supporting industry going forwards.

“While progress has been made, the construction industry has faced significant challenges in recent years, including inflation, rising fuel prices, the pandemic and Brexit, to name a few. In many ways the industry is still experiencing and feeling the impact of these events, which we know has shifted priorities greatly and pushed the demand for skills to the forefront. It’s essential now more than ever that efforts are focused on helping to alleviate those pressures and address the key needs of industry.”