Market Report, "Construction in Ireland - Key Trends and Opportunities to 2019", published

From: Fast Market Research, Inc.
Published: Fri Sep 25 2015


Timetric's Construction in Ireland - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Irish construction industry, including:

* The Irish construction industry's growth prospects by market, project type and type of construction activity
* Analysis of equipment, material and service costs for each project type in Ireland
* Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Irish construction industry
* Profiles of the leading operators in the Irish construction industry
* Data highlights of the largest construction projects in Ireland

Full Report Details at
- http://www.fastmr.com/prod/1048507_construction_ireland_key.aspx?afid=301

Report Highlights

* Due to recovery in economic conditions, Irish residential property prices increased in 2013 after declining over the preceding five years. According to the Central Statistics Office Ireland (CSO), the residential property price index in the country grew by 13.0%, from 67.0 in 2013 to 75.7 in 2014. This was preceded by an annual average increase of 2.1% in 2013.
* In a bid to provide housing at affordable prices and ensure good quality homes, the government is focusing more on social housing development. Accordingly, it published the 'Social Housing Strategy 2020' in November 2014, under which it set itself a target of constructing 35,000 social housing units by the end of 2020.
* To improve road infrastructure, the National Roads Authority (NRA) - a state body responsible for national road network - announced that it will invest EUR184.8 million (US$245.3 million) in 2015. Of this total investment, EUR165.2 million (US$219.3 million) will be spent on road development and EUR19.6 million (US$26.0 million) will be spent on road maintenance. To improve the country's infrastructure and make it more effective for transport and logistics, the government is focusing more on road infrastructure.
* The Irish construction industry is expected to be supported by EU funds to help develop the country's infrastructure. To develop transport infrastructure, the European Investment Bank (EIB) approved a EUR150.0 million (US$199.1 million) loan in 2014 to construct a new rail link between the green and red lines on Dublin's light rail tram system.
* In a bid to reduce traffic congestion and support economic activity, the Department of Transport, Tourism and Sport is encouraging public transport to be more sustainable in the Greater Dublin Area. Accordingly, the government allocated EUR25.9 million (US$31.5 million) in February 2015 to develop sustainable transport projects in that area.

Report Scope

This report provides a comprehensive analysis of the construction industry in Ireland. It provides:

* Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Ireland using construction output and value-add methods

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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