Menu
18/03/2010
CIF Criticises Building Delays
Construction output will decline drastically over the next 12 months due to a slowdown in the Irish Government's capital investment plan, the Construction Industry Federation (CIF) has claimed.
The CIF has expressed concern over the length of time between the short-listing of projects and the actual commencement of activity, saying it has increased dramatically.
According to this new report, the CIF has identified, in some cases, this time lag to be two to three years.
The Federation said that the Government's plans for new public construction projects over the next four years bears no relationship to evidence on the ground.
As a result, public and private output will drop to €12bn this year and below €10bn next year, it said. This marks a substantial drop from the €19bn spent in 2009.
The report also predicted employment in the sector will fall below 100,000 in 2011 from over 400,000 at the peak of the building boom in 2007.
The CIF also called on the Government to publish a list that would track any major projects due to go out to tender over the next few years.
(NS/BMcC)
The CIF has expressed concern over the length of time between the short-listing of projects and the actual commencement of activity, saying it has increased dramatically.
According to this new report, the CIF has identified, in some cases, this time lag to be two to three years.
The Federation said that the Government's plans for new public construction projects over the next four years bears no relationship to evidence on the ground.
As a result, public and private output will drop to €12bn this year and below €10bn next year, it said. This marks a substantial drop from the €19bn spent in 2009.
The report also predicted employment in the sector will fall below 100,000 in 2011 from over 400,000 at the peak of the building boom in 2007.
The CIF also called on the Government to publish a list that would track any major projects due to go out to tender over the next few years.
(NS/BMcC)
Related Irish News Stories
Click here for the latest headlines.
02 December 2010
NAMA Rejects CIF Report
The National Asset Management Agency (NAMA) has announced it "completely rejects the flawed and one-sided analysis of the Agency published by the Construction Industry Federation (CIF)".
NAMA Rejects CIF Report
The National Asset Management Agency (NAMA) has announced it "completely rejects the flawed and one-sided analysis of the Agency published by the Construction Industry Federation (CIF)".
02 September 2008
End Stamp Duties Too: CIF
An Influential Irish construction group has said the UK's recent stamp duty changes could 'save' Ireland's housing market if implemented here.
End Stamp Duties Too: CIF
An Influential Irish construction group has said the UK's recent stamp duty changes could 'save' Ireland's housing market if implemented here.
21 February 2018
Early Years Educators Must Complete Child Protection Training
The Department of Children and Youth Affairs has been urged to give early years educators the same opportunities as primary and second level teachers to complete child protection training.
Early Years Educators Must Complete Child Protection Training
The Department of Children and Youth Affairs has been urged to give early years educators the same opportunities as primary and second level teachers to complete child protection training.
05 January 2018
Man Due In Court Charged With Murder Of Marek Swider
A 38-year-old man is due to appear in court this morning charged in connection with the murder of Marek Swider. Mr Swider, 40, was fatally stabbed on New Years Eve on Dublin Road, Ballyjamesduff in Cork. The suspect was arrested in Cork city on 04 January.
Man Due In Court Charged With Murder Of Marek Swider
A 38-year-old man is due to appear in court this morning charged in connection with the murder of Marek Swider. Mr Swider, 40, was fatally stabbed on New Years Eve on Dublin Road, Ballyjamesduff in Cork. The suspect was arrested in Cork city on 04 January.
30 October 2017
New €3.5m Early Years Services Payments Announced
The Minister for Children and Youth Affairs, Dr. Katherine Zappone, has announced the details of the €3.5 million second Programme Support Payment of 2017 which is now being made available to all Early Years services who sign up to deliver measures to make childcare more affordable from September 2017.
New €3.5m Early Years Services Payments Announced
The Minister for Children and Youth Affairs, Dr. Katherine Zappone, has announced the details of the €3.5 million second Programme Support Payment of 2017 which is now being made available to all Early Years services who sign up to deliver measures to make childcare more affordable from September 2017.
-
Ireland WeatherThis Evening and Tonight:Frequent, often heavy showers of rain, sleet and snow will affect most parts this evening and overnight, but are likely to be most frequent across the northeast. Minimum temperature -1 °C.
