By Max Clarke

Recognising the vital role that the construction industry plays in the UK economy, Business Secretary Vince Cable today presented an honorary award to construction heavyweight, Ray O’Rourke.

Despite recent troubles in the industry, which declined by as much as 4.7% according the ONS' previous quarterly GDP report, construction remains paramount to the UK’s economic health.

With over 300,000 separate enterprises employing some 2 million workers, construction contributes some 8.3% to the UK economy’s value added. Chief amongst this 300,000 is Laing O’Rourke, a £4 bn international construction giant.

Laing O’Rourke has a track record of managing, constructing, upgrading and maintaining some of the world’s most complex and valuable built assets. The company has been an early adopter of modern methods of construction that save money, reduce project risks and ensure completion to deadlines.

“Ray is widely respected across the construction industry as a leader of real stature,” said Cable, on presentation of the award. “He has been a long-standing champion of the Government’s construction industry improvement plan; demonstrating committed leadership, a focus on the customer and a quality-driven agenda.

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