Cork construction sector cautiously optimistic

Positivity, mixed with caution, is the outlook for the construction sector in Cork for 2016, as the pace of recovery lags behind back-in-business Dublin where cranes are back dotting the skyline. 

Inquiry levels are up, and previously-shelved construction projects are being resurrected or revisited.

That’s the view expounded this week by international asset managers, and professional advisory and Fortune 500 firm AECOM in its just-launched Ireland Annual Review 2016: it forecasts the construction industry nationally is set to experience strong, double-digit growth after a 14% rise in construction output (to €12.25bn) in 2015, on the previous year’s performance.