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Construction sector welcomes major budget increases for road projects and housing

Construction sector welcomes major budget increases for road projects and housing More than €10 billion in new infrastructure and a commitment to deliver affordable housing announced in today's budget has been welcomed by the Construction Industry Federation (CIF).  Road projects including Cork's Dunkettle Interchange, the N22 and N5 in Mayo along with 145 school construction projects were amongs...
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Environmental risks in Construction Projects

Environmental risks in Construction Projects New Construction Projects For new construction projects, the location is a crucial element, not just the actual geographic position but its locational context in relation to neighbouring surroundings and the physical environment. Advances in geospatial systems and data are continually revealing new insights about the spaces we live, work and invest ...
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Second successive increase in construction activity – PMI

Second successive increase in construction activity - PMI Construction activity has increased for the second month in a row, according to the Ulster Bank Construction Purchasing Managers' Index. A seasonally adjusted index designed to track changes in total construction activity, rose to 53.2 in July, up from 51.9 in June. Readings above 50 signal an increase in activity on the previous mon...
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European construction sector observatory – Ireland report

The construction sector plays a key role in Europe’s economy, and it is shaped by the policy measures taken by national governments. The European Construction Sector Observatory (ECSO) is a COSME initiative that analyses the construction sector in the 27 Member States and the United Kingdom. It aims to provide valuable insights on market conditions and policy developments. Check out the most recen...
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Irish Construction sector under Celtic Tiger levels of pressure – report

The construction sector is under Celtic Tiger levels of pressure and is in danger of overheating, according to a new report from construction consultants Mitchell McDermott.  The report says 30,000 additional construction workers are required if housing targets are to be met.  It says construction output grew by 12% last year, but the number of workers only grew by 4%. Paul Mitchell, one of the au...
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Irish Construction Companies Turnover up 25% 

The combined turnover for the country's top construction companies increased by 25% to €8.39 billion last year, according to Construction magazine's annual Top 50 CIF Contractors listing for 2019. The listing, published every year, gives a snapshot of the overall growth in Irish construction. It said that €5.9 billion of this total activity took place in Ireland, while almost €2.5 billion came ...
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€26 billion invested in construction and building industry last year

A new report from the Construction Industry Federation shows that over 10,000 extra workers joined the construction workforce last year, an increase of 8% on 2017. The numbers employed in the construction industry now stand at over 145,000. The report also shows that €26 billion was invested in building and construction during 2018, up 20% on the previous year. Housing investment increased b...
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Dublin 7th most expensive place in the world to build

Dublin is the seventh most expensive place in the world to build, with average construction costs at $3,245.10 per metre squared, a new report shows. The International Construction Market Survey, from global professional services company Turner & Townsend, shows that San Francisco takes the top spot in 2019 as the most expensive city in which to build. Dublin is now ranked third most exp...
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Developers must consider impact of construction schemes on wildlife, warns UK Minister

The UK Communities Secretary James Brokenshire has reminded developers of their legal obligation to consider the impact of their construction schemes and protect local wildlife.  This reminder echoes the growing concern over developers placing netting in trees and hedgerows by housing developments – a common practice that can trap wildlife. In a letter to leading developers, Brokenshire emphasi...
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Investors look beyond bricks and mortar to the Environmental Impact of a Building – MIPIM

From diversity to the impact of real estate on people and the environment, the 26,000 delegates at MIPIM in Cannes discussed all the issues that will engage the industry in Europe over the coming year. MIPIM is a property conference like few others. Held annually, Europe's largest property conference attracts the most influential international players from every sector of the industry. It is a ...
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