CIF: €1bn investment will make 10,000 jobs

CIF: €1bn investment will make 10,000 jobs

The construction industry has said a billion euro investment in infrastructure could create 10,000 jobs.

It follows reports that the Coalition is looking at options of creating a fund to boost the construction sector.

Fine Gael and Labour believe the investment in the economy is possible because of a better-than-projected deficit, though they would still introduce budget cuts and taxes totalling €3.1bn.

The Construction Industry Federation said, apart from the job creation potential, half the money would come back to Government in income tax, PRSI and VAT.

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