Daily Newsletter

12 October 2023

Daily Newsletter

12 October 2023

BAM to enact coastal defence project on Welsh coast

The development was majority funded by the Welsh Government via its Coastal Risk Management Programme.

October 11 2023

Ceredigion County Council in Wales, UK, has appointed construction and civil engineering company BAM to develop a coastal defence project on the Welsh coast.

The project’s goal is to safeguard the seaside town of Aberaeron and the surrounding coastline from rising sea levels, thereby preventing flooding and coastal erosion.

Aberaeron is impacted by a broad range of wave conditions, with storm waves reaching through the port entrance and rising over the top of the harbour's walls.

Ceredigion County Council Highways, Environmental Services and Carbon Management cabinet member and councillor Keith Henson said: “The rising sea levels and storms pose a serious threat to our seaside town of Aberaeron.

“Implementing this scheme will improve the level of protection afforded to the many businesses and homes in the town and will preserve the unique and historical character of the area for future generations.”

In August this year, the council secured funding from the Welsh Government for the project.

The total £31.59m ($38.72m) project funding includes £26.85m from the government’s Coastal Risk Management Programme and the remaining £4.74m from the council itself.

BAM Southern England and Wales regional director Ian Hubbard said: “As we start these vital works, we will work in partnership with the local community and businesses. We will focus on minimising disruption and having a positive impact on the local community, by creating jobs and opportunities for local people.”

North America Construction market dynamics

Per GlobalData estimates, the North America construction market size is expected to reach $1,772.5 billion in 2023. The increased spending from the public and private sectors in the regional energy and infrastructure domain is projected to aid the market growth. The energy and utilities construction sector is expected to depict a AAGR of 8.7% in real terms from 2024 to 2027, supported by investments in regional renewable energy and oil and gas projects.

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