The Construction Industry Federation has welcomed the €115 billion investment in infrastructure announced by Government today (Friday) as a “potential gamechanger” for the southern region. The announcement was made as part of the government’s 10-year public capital programme and National Planning Framework. Regional CIF director, Conor O’Connell stated, “Today’s announcement could represent a game-changer for the southern region and for the Irish economy. Cities like Cork, Limerick and Waterford and our regional towns can be developed into a dynamic regional economy in the south that can counter-balance the irish economy’s overdependence on the greater Dublin area.The construction industry in the region has significant capacity to deliver the essential housing, infrastructure and specialist buildings underpinning the ambition outlined in the National Planning Framework.” Mr O’Connell said the €115 billion outlined will give construction companies in the region the confidence to invest in their businesses again and we expect to see significant increases in activity across all our sectors including civil engineering, …
Read More »Construction jobs on the increase
More than 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO figures, released this week,indicate that industry has hired approximately 1,000 people per month in this period. It is expected that one in 16 people in the economy will be employed in construction by 2019 as the industry enters a sustained growth phase. The construction sector has an important role to play in the continued recovery of the economy, according to Minister for Business, Enterprise, and Innovation, Heather Humphreys. “I welcome the news that over 50,000 jobs have been created in the construction industry since 2013, and that it is entering a sustained growth phase. It also builds on the positive announcement from the CSO that the seasonally adjusted unemployment rate for January 2018 was 6.1%, down from 6.2% in December 2017, and a peak of 15.1% in February 2012,” she said. Tom Parlon, CIF director general, said, “The growth …
Read More »Continued recovery in construction
The Construction Industry Federation (CIF) has welcomed the latest increase in construction employment, saying it is a sign of the “continued recovery” in the sector. According to the latest CSO Quarterly National Household Survey, employment in the construction sector grew by 6,300 in the last quarter (Q1 – 2015). Total construction employment now stands at 122,700, up from 116,400 at the end of 2014. During 2014 employment in the sector grew by 13,100, with construction responsible for 45% of all the additional jobs created in the economy. “These are very positive figures and they highlight the continued recovery of the construction industry into 2015,” said CIF director general, Tom Parlon. “Having a jump of over 6,000 jobs in a single quarter is a real sign of the growing vitality of the construction sector. We have been saying for years the quickest way to create jobs was to generate construction activity. We are now seeing that being borne out.” Mr Parlon …
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