Build values up €800m in first half of the year

The combined value of new construction projects, started during the first half of 2015, has grown 41%.

New data, published by construction research body, Building Information Ireland, shows that new build projects with a combined value of €2.75bn were started during the first six months of this year; just over €800m higher than the value for the corresponding period last year.

“The strong growth recorded in the first six months of 2015, in the value of applications as well as the value of project commencements, is further evidence that the construction industry in Ireland is continuing to recover,” said Building Information Ireland managing director, Danny O’Shea.