While market observers suggest that the construction industry in Asia-Pacific might reach US$312.67 billion by 20241, construction business leaders are confronted with workforce challenges from skill gaps, labour shortage, ageing population to safety, creating significant financial risks. A 2023 survey Turner and Townsend found that 74% of the 89 surveyed markets faced skilled labour shortages, including Singapore, Hong Kong, Korea and Australia.2 This is driving wage growth against the backdrop of rising underlying inflation, among other talent pool pressures.
In this session, expert panelists from Fulton Hogan Australia and Singapore University of Social Sciences will share the strategic approaches to create a workforce that is ready for the future of construction. We will discuss:
Register to watch on demand.
In this session, expert panelists from Fulton Hogan Australia and Singapore University of Social Sciences will share the strategic approaches to create a workforce that is ready for the future of construction. We will discuss:
- Industry trends around workforce planning, development and management in Construction
- Addressing the business skills and digital skills gap amongst construction professionals
- Upskilling construction management talent to be future-ready for industry growth and career advancement
- Overcoming labour shortage in construction
- How to attract the younger generation to pursue a career in Construction
- Promoting greater diversity in the construction workforce, particularly generational and gender diversity
Register to watch on demand.
1 Managing Construction Risks in Asia Pacific, White and Case
2 International construction market survey 2023, Turner and Townsend
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