Executives in the Engineering & construction industry report fairly high levels of confidence; overall 94 percent of E&C CEOs are somewhat or very confident of achieving revenue growth over the next 12 months, while 56 percent of CEOs are very confident. This trend reflects a continuing global boom in the construction industry. However, CEOs did express concern about some threats to this potential growth.
More than half of executives (54 percent) view the scarcity of natural resources as a potential threat, compared to about 42 percent of CEOs across industries. Around the same number (53 percent) also see the security of the supply chain as an area for concern. This undoubtedly reflects skills shortages in the sector and concern over the ability of specialist contractors to deliver.
E&C industry executives are looking to expand their global footprint – 28 percent cite geographic expansion as the main opportunity to grow their business over the next 12 months, compared to 19 percent of executives across all industries.
