CIF welcomes Budget decisions
The Construction Industry Federation (CIF) welcomed the introduction of multi-annual budgeting for the Public Capital Programme as they believe this will reduce uncertainty and should eliminate the ‘stop go’ approach to public capital investment.
The group warned that the 2004 Budget cannot be seen in isolation from the huge additional burden which the increase in development levies pose for the competitiveness of new commercial and industrial construction and for the price of housing.
