Thursday 22 November, 2007

Roads sector to stabilise, before upswing early next decade. Rising costs, skill shortages and Federal campaign promises increase downside risks.

Activity in the Australian roads sector, the second largest segment in the booming engineering construction sector, is set to remain at near record levels for three more years, according to leading economic forecaster and industry analyst BIS Shrapnel.

However, substantial differences in the levels of activity across the sectors of road construction and state-to-state are expected, according to the BIS Shrapnel reports: Road Construction in Australia 2007 to 2022 and Road Maintenance in Australia 2007 to 2022.

Contact: Damon Roast