A Framework to Evaluate Regional Construction Hubs Establishment

Abstract

The establishment of Construction Hubs is pivotal to catalyzing regional development, providing avenues for economic growth and job creation, and supporting expanding populations. Despite their significance, a comprehensive framework for systematically evaluating these hubs remains absent in scholarly and industry dialogues. This paper aims to bridge this gap by proposing a framework that integrates insights from a broad spectrum of sources, including academic literature and industry reports. This framework is enriched by a series of stakeholder’s workshops, encompassing industry professionals, government officials, and academics. The framework outlines key factors- sustainability, infrastructure, resource management, and market dynamics - accompanied by specific sub-criteria tailored to the nuanced needs of regional areas development. The framework aids policymakers, industry stakeholders, and investors in making informed decisions that not only spur economic development but also enhance local employment prospects and address demographic changes. Accordingly, this contribution equips stakeholders in the construction sector with a strategic instrument to enhance the establishment and operational efficacy of Construction Hubs, fostering a more resilient and sustainable regional development paradigm.