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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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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Abolish construction levies says CIF

A removal of local authority levies on new home construction and a help-to-buy-scheme for first time buyers are just two of the measures included in the CIF pre Budget submission. A delegation from the CIF presented its submission during a meeting with Minister for Finance, Michael Noonan TD and Minister for Public Expenditure and Reform, […]

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New business continues to grow through August

There were further signs of a slowdown in growth of Irish construction output during August, but activity continued to rise sharply during the month amid sustained growth of new business. With new work rising again, companies continued to take on extra staff at a rapid pace. Meanwhile, the rate of cost inflation remained sharp amid […]

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Construction output increases by 5.5%

The CSO is reporting that the volume of output in building and construction increased by 5.5% in the second quarter of 2015 when compared with the preceding period. This reflects increases of 25.6%, 14.6% and 3.1% respectively in the volume of civil engineering, residential building and non-residential building work. The change in the value of production […]

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Report calls for a National Housing Authority

A new report has called for the establishment of a new National Housing Authority (NHA) to implement, direct and co-ordinate housing policy and strategy.  The author of the report, Tony Foley from DCU, said that given the current housing situation the primary focus of the Authority had to be on implementation; “The housing market has long […]

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CIF publishes pre Budget submission

The CIF has called for the introduction of a temporary VAT rate of 9% for residential construction for a two year period. The request was made in the Federation’s pre Budget submission, which was published yesterday. The CIF have proposed six steps for inclusion in October’s budget, aimed at increasing levels of house building as […]

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