JCA target maintenance sector
The following article from BIS Shrapnel, gives some idea of market activity in the Maintenance sector after the end of the current resource led Boom.
JCA are currently targeting this area as a service to existing clients of its planning and resourcing divisions, in both Sydney and Perth. Our existing involvment in planning and engineering services for Shutdown works and upgrades, means JCA are well placed to secure ongoing project work on maintenance related projects.
“The coming cycle in Australia’s construction sector will be partially offset by ongoing strong growth in maintenance activity, said leading industry analyst and forecaster BIS Shrapnel.
BIS Shrapnel warns construction companies they should be starting now to build up a presence in the maintenance sector as it will be a strong area of activity beyond the next downturn in construction.
According to BIS Shrapnel’s Maintenance in Australia, 2005 to 2020 report, the massive investment in infrastructure, buildings and mines over the past decade, will form the basis of a sustained upswing in maintenance activity. The increase in the asset base is being accompanied by rising rates of utilisation of assets and rising incomes and budgets for maintenance work. And in many areas, there is considerable catch-up maintenance work to be done, following many years of under-spending. For companies already servicing the maintenance sector, planning will be essential to ensure they have the ongoing capacity to meet demand.
refer BIS link here
