It is expected that the recovery of the Irish economy will continue into 2017, fuelled by a return of private investment and an increase in public spending.
The commercial sector continues to grow and is the primary driver in the growth of the construction industry in Ireland. The general upturn in industry output has led to a shortage of skilled labour and specialist subcontracting firms; this in turn is leading to an upward trend in tender levels.
The outlook is bright and confidence has returned to the market. It is expected that the commercial sector will remain strong, driving the continued growth of the construction industry. Public sector spending is increasing and will include major projects such as New Children’s Hospital, Grangegorman PPP project and the new Dublin Airport runway.