News

Ray O’Rourke: ‘Construction still in the dark ages’

Laing O’Rourke chief executive Ray O’Rourke has warned that construction remains in the “dark ages” and has urged the sector to move to more offsite manufacturing.

The comment came as the 74-year-old Irishman, who founded the business in 1978 before buying Laing Construction from John Laing in 2001, revealed that he was considering floating the business on the public markets as part of his succession plans.

In an interview with the Financial Times, O’Rourke said: “We will float the company in a few years’ time. By 2024 we will be in good shape.”

Register for free or sign in to continue reading

This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.

Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.

Story for CM? Get in touch via email: [email protected]

Latest articles in News