Republic of Ireland construction industry remains strong in the face of COVID-19 challenge
Mark Kelly
Managing Director, Ireland
COVID-19 has dramatically changed the Republic of Ireland’s economic landscape over the past 12 months. The Irish construction industry, while remaining strong, faces key challenges in the short and medium term.
Results from our latest Republic of Ireland market intelligence survey indicate a market warming in the second half of 2020 with strong competition and moderate tender prices.
Effects of COVID-19
COVID-19 continues to have significant effects on the Irish construction industry with all surveyed contractors reporting reduced productivity levels.
Construction durations have also been adversely affected by COVID-19 and 37.5 percent of the surveyed contractors reported that their projects had increased in duration by three to four weeks, while a further 37.5 percent reported an increase of one to two weeks for the same calendar period.
Lead in times have also increased with a third of respondents reporting an average increase in lead in times of one to two weeks, while a further 22.2 percent reported an increase of three to four weeks.
Top performing sectors
Housing, private commercial and public works projects are the top performing sectors, with each representing on average 30 percent of the workload of the surveyed contractors.
For further analysis and insight on the Republic of Ireland construction industry, download the full report.
Further resources
Please visit our COVID-19 response page for all of our resources relating to the impact of COVID-19 on the construction sector.