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03/12/2018

Govt Invests £72m In New Core Innovation Hub

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The government is investing £72 million in a new Core Innovation Hub, which is designed to support virtual reality, digital design and offsite manufacturing technologies across UK construction.

The Transforming Construction Alliance (TCA) will work alongside Manufacturing Technology Centre (MTC), BRE and Cambridge University's Centre for Digital Built Britain (CDBB) to deliver the new national hub.

Keith Waller, Programme Director for the Transforming Construction Alliance said: "I am delighted to be leading the Transforming Construction Alliance in its mission to deliver the Core Innovation Hub project, and boost productivity and performance in the construction sector.

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"I look forward to working alongside government, industry and the talented teams at MTC, BRE and CDBB to realise the vision of a transformed sector."

This increased use of technology is expected to allow the sector to design and build faster, cheaper and more sustainably.

Business and Industry Minister Richard Harrington, who announced the funding, commented: "We have the opportunity to revolutionise construction in the UK and the Core Innovation Hub will help us build smarter, greener and more efficient buildings much faster and cheaper than we do now.

"From the introduction of virtual reality to off-site manufacturing, our modern Industrial Strategy, is helping the UK construction sector to develop new techniques and skills - modernising the sector and delivering the homes and buildings our nation needs."

Exchequer Secretary to the Treasury Robert Jenrick added: "Our manufacturing industry is vital to the UK, contributing billions to the economy every year.

"This new fund will see it partner with our construction and digital sectors to revolutionise the way we develop crucial infrastructure. It will enable us to build in more efficient and cost-effective ways, boost productivity and ensure we are fit for the future."

(CM)

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