The level of activity in the construction sector has dropped by €30bn since 2006.
The level of activity in the construction sector has dropped by €30bn since 2006. From a high of 269,000 in 2007, the numbers employed in the sector plummeted by more than 160,000.
The meltdown in construction and the potential opportunities for Irish workers in Britain are among the issues to be discussed at a special meeting hosted by the Construction Federation Industry (CIF) next week.
CIF director general Tom Parlon said nationally there were 107,600 people registered as working in the construction industry.
The meeting, being held in Cork, will focus on the construction industry locally. Currently, 10,000 people are employed in the sector in Cork, down from a high of 33,500 in 2007.
House completions in Cork fell considerably in 2011, down 25% to 1,459 from 1,940 in 2010. There were 9,141 during 2006.
Mr Parlon said it had been a very difficult period for construction companies operating in Cork.
“When you consider the drop in level of activity in Irish construction you can see why those construction companies who have survived are finding it so difficult. Everything from the future prospects for the industry, the services open to construction companies who are having to turn to Britain for work, to the building regulations and the Construction Contracts Bill will be discussed.”
All CIF members in the Cork area have been invited to attend the information session at the CIF offices in Little Island on Tuesday, from 9.30am.
“I expect an informed exchange on the state of the construction industry in Cork,” said Mr Parlon.
“It’s the local construction companies who are bearing the brunt of the downturn in construction and they will have strong views as to how we can go about rescuing the industry.”
There are some positives for Cork construction on the horizon. Upcoming projects include expansions for Irish Distillers and Eli Lilly; an event centre in Cork City; and a Quest Software office development in Mahon Point.
All members of the CIF are invited to attend. There is no fee for booking but members wishing to attend must contact Brid Cody to book their places on 021 4351410 or email@example.com
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