NZ building boom awaits
New Zealand will need about 50,000 more tradies by 2021 to fuel its $200 billion building boom - with Auckland leading the charge.
A Government report, released on Tuesday, says the number of people in construction-related occupations is expected to hit 539,500 in the next five years.
‘‘We’re building more than ever before, and the workforce to support this boom continues to grow,’’ Building and Housing Minister Nick Smith says.
The projections come off the back of the National Construction Pipeline Report 2016.
The report, which provides six- year national and regional forecasts of residential, commercial and infrastructure activity, predicts the total value of building and construction work to top $200 billion.
It says construction has been growing at more than 20 per cent a year in Auckland for the past five years and is projected to reach an alltime high of 13,332 homes in 2017. It will stay at those record levels until 2022.
‘‘The scale of this growth is unprecedented and equates to Auckland growing by the equivalent of Whangarei every three years,’’ Smith says.
‘‘The focus of our efforts is to remove every barrier to the construction industry to deliver the houses that Auckland needs.’’