Construction to increase by 7%

Construction activity is expected to grow by up to 7% this year, but such growth shouldn’t be interpreted to mean a full-scale recovery is underway in the sector.

Leading construction sector consultancy AECOM Ireland, formerly Davis Langdon, yesterday predicted a 5% to 7% rise in building output during 2014, mainly on the back of increased activity in the commercial and residential sectors and a recommencement of public-private partnership infrastructure provision.

However, speaking at the launch of AECOM’s annual review at the firm’s ‘Positive Leadership’ conference in Dublin, yesterday, AECOM Ireland director, Paul Mitchell said that while the signs are positive, he would caution against coming to the conclusion that the country is on the brink of a recovery in construction.