Having seen a 30% real increase of GDP contribution since 2014, the sector is the 7th largest contributor to the Manx Economy, supported by University College Isle of Man working closely with industry to ensure a range of construction courses to develop skills in industry.
The Construction industry contributes 4% of the Island’s GDP, employs over 2,800 people, making it a hugely important sector for Island residents. In addition, the sector is vital to the provision and maintenance of the property and infrastructure required for the Island’s continued economic growth and is one of the oldest sectors of the economy.
Construction Isle of Man (CIOM), a public-private partnership jointly funded by Business Isle of Man, amalgamates the Construction Federation, Construction Forum, Chamber of Commerce Construction representation and Think Construction into a single point of contact for Government, industry and the public of the Isle of Man. Its purpose is to build cohesion for the sector and stakeholders, formulate a comprehensive industry standard and grow a sustainable sector to meet the Island’s needs now and in the future.
CIOM aims to actively promote careers in construction, provide education, training and regular continued professional development to assist the industry in keeping acquainted with changing legislation and developments in the industry.