Budget a lost opportunity says CIF

Speaking to RTE in the immediate aftermath of the Budget announcement, CIF Director General Tom Parlon said that although there was a “wide appreciation” of problems facing the house-building sector, the new budget had “plastered over the issues”. “We needed something aggressive but that hasn’t transpired yet,” he said. “It’s too big an issue to […]

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Construction sector’s 25 months of continuous growth

The Irish construction sector ended the third quarter of the year on a positive note as activity, new orders and employment all continued to rise. On the price front, a marked slowdown in the rate of cost inflation was recorded, with prices increasing at the weakest pace since June 2014. The Ulster Bank Construction Purchasing […]

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Main Contracting: new contracts & cautious optimism

Much like the general public, Irish main contractors are used to hearing about the upturn but have yet to feel the benefits in their own pockets. Brian Foley spoke to members of the CECA and MBCA to hear what the sector thinks about the current industry state of play, government forms of contract and much […]

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CIF Annual Conference: Opportunities and challenges

While the Irish construction sector is experiencing growth and many within the sector are optimistic about the future after surviving a horrendous recession, challenges still remain. Speaking at the CIF Annual Conference, held this year in Croke Park and in association with leading international law firm, Maples and Calder, Dermot O’Leary, Chief Economist with Goodbody […]

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Capital plan welcomed but concrete timeframes required

There has been a broad welcome for the Government’s capital programme plan from the construction sector. Central to the plan is the creation of 45,000 construction jobs. “The increase in construction jobs and infrastructural projects announced by the Government is a welcome injection of much needed long term investment in the construction sector,” said the […]

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Government unveils €10bn transport infrastructure investment

Minister for Transport, Tourism and Sport, Paschal Donohoe TD, today said that an allocation of almost €10bn for his Department, over the next seven years, will allow for appropriate levels of investment to be made in public transport to maintain and improve the existing network. It will allow for the growing problem of urban congestion […]

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500 construction jobs announced

The redevelopment of the Clyde Court Hotel in Ballsbridge will result in the creation of 500 construction jobs. The announcement was made today that Chartered Land will start work on the site in early 2016 to replace the hotel with an exclusive residential scheme of 190 apartments in a pavilion-style development on Lansdowne Road. Chartered […]

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45,000 construction jobs in €27bn capital programme

The eagerly awaited capital spending plan is due to be published this afternoon but already details have emerged, including details of roads and transport infrastructure plans. According to media reports €27bn will be spent by government over the next five years with the creation of 45,000 construction jobs. Speaking earlier today Taoiseach Enda Kenny, TD […]

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Metro North returns but capital plan delayed

The civil engineering sector is set to receive a much-needed boost with the news that a revised Metro North scheme will form the central part of the Government’s capital spending plan. The original €2.5bn Metro North plan was shelved in 2011 after the new Government came to power. The new scaled back plan is expected […]

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