The Construction industry in Ireland suffered a massive decline in recent years but it looks like it might have finally begun to recover in 2016. There are several major construction projects in the pipeline that could create thousands of new jobs in Ireland over the next few years.
The Irish Government have announced a capital investment plan for 2016 to 2021 worth 42 billion Euros.
Transport will be allocated EUR 10 billion with the most high profile project being the new Dublin Metro North line to link Dublin central to the airport and Swords. – but building is not expected to begin until 2021, with a completion date predicted for 2026/27.
The Irish government has made significant financial commitments to a number of Public Private Partnership (PPP) projects. These include projects for:
12 primary healthcare centres with a cost projected at EUR 115 million
A new € 300 million Dublin Institute of Technology (DIT) at Grangegormarn, the biggest ongoing educational construction project in western Europe with expected completion in 2017
A new €650 million National Children’s Hospital in Dublin, the largest and most complex capital investment healthcare project ever undertaken in Ireland with expected completion in 2019
Possibly EUR 1.77 billion to be invested in newly created Irish Water for the provision of water metering, upgrades and waste treatment. (This may be reduced after the new government is announced)