PRESS RELEASE: Australia’s Top 50 Construction Firms Revealed
MEDIA RELEASE
For immediate release: Friday 31 March 2023
Australia’s Top 50 Construction Firms Revealed
Sydney, Australia – 31 MARCH 2023 – Following the success of the inaugural Construction League report in 2022, BCI Central is pleased to announce the publication of the highly anticipated, BCI Construction League 2023.
The free report ranks the top 50 builders by the total value of projects that commenced construction in 2022 within the commercial, community, industrial, legal and military, and multi-residential sectors.
Australia’s top 50 builders commenced construction on 846 projects in 2022, with the top 10 builders accounting for 347 of these projects.
The top 50 builders’ total value of projects came in at almost $30 billion, with an average project value of $67.7 million.
The top 10 firms commenced construction on just under $1.7-billion worth of projects in 2022, with an average project value of approximately $132 million.
The top performing construction firm, Hutchinson Builders, commenced construction on more than $2.6-billion worth of projects in 2022.
“In 2022, the construction industry saw some relief to supply scarcity but continued challenges with skilled labour shortages (and costs), and tightening economic factors in securing finance, inflation and interest rates. As always, infrastructure and residential projects provided a steady stream of work and investment, but the year was marked by a resurgence in demand from the commercial sector, including offices, retail and hospitality projects across the country. The builders listed in this report have all adapted and succeeded through the trials facing the industry with innovation and resilience.”, Chief Data Officer, Michelle Aizenberg, said.
The Construction League report, researched from a variety of sources including BCI Central’s construction project database and direct submissions from construction companies, provides valuable insights into the state of the Australian building industry, the projects and businesses shaping our built environment.
The full report is available for download on the BCI Central website (https://www.bcicentral.com/download-the-bci-construction-league/).
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About BCI Central
Established in 1998, BCI Central was founded to create efficiencies and enhance transparency in the intrinsically complex construction industry. BCI’s software solutions and related services achieve this while simultaneously enabling its clients to identify sales opportunities, make informed decisions and connect with key target markets. Today, BCI Central plays a crucial role in empowering businesses around the world with construction-centric tools to succeed.
Media Contacts
Maddy Davies
0402 635 591
SOURCE BCI Central
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