Stop Press, MAY '17 - Ulster Bank Construction PMI: 'Growth momentum picked up in the Irish construction sector in April with output, new orders and employment all expanding at sharper rates during the month.....' (click HERE)
The information provided across the following pages has been compiled specifically to help existing and potential exporters to navigate the Irish construction market.
The Guide provides everything from listings of the industry's journals and exhibitions to unlimited-use databases of key organisations in the fields of architecture, housebuilding, contracting, engineering, etc. It includes:
• Industry Overview - size and output
• Industry Sectors – summary and outlook
• Sources of construction sales leads & tender information
• Trading - standards, regulations, taxation practices – introduction and signposting to main sources of information and support
• Marketing/PR/Web Design Specialists
• Product Directories & Portals
• Awards Ceremonies
• Construction trade associations and other useful contacts
• 120+ Architectural Practices (with named contacts) database
• 140+ Contracting & Housebuilding Firms (with named contacts) database
• 80+ Construction Engineering Firms (with named contacts) database
• Builders Merchants database
• 70+ Other Consultants & Specialist Contractors (Quantity Surveyors/Building Surveyors/Fit-out Contractors, etc.) (with named contacts) database
We are confident that the resource will help you to explore the many potential opportunities for your construction products and services. In order to access the full information, you will need to be logged-in. Access is provided for a 12-month period and includes unlimited use of all databases, which may be downloaded in standard spreadsheet format. The charge for Ireland information only is £40 +VAT. For this and other options, please click here.
With an estimated population of 4.6 million, the Republic of Ireland is made up of 26 counties. It is the UK's fifth largest export market and in 2013 was the fifteenth in the league table of EU countries’ exports to other member states (these figures are due to be updated shortly). It covers an area of approximately 68,890 sq km.
As with most developed economies, Ireland suffered from the fallout of the financial crash of the last decade and officially entered recession in mid-2008. By 2014, tentative signs of a turnaround in the economy were visible and the initially slow recovery began to accelerate, with significant and positive growth affecting all major sectors of the economy. In September (2016), IBEC, the group representing Irish businesses, published its Quarterly Economic Outlook and predicted growth of 3.9% in 2016 and 3.2% in 2017. Similarly, one month later, in its own quarterly bulletin, the Irish Central Bank predicted that Ireland's GDP would grow by 4.5% in 2016 and by 3.6% in 2017.
After many years of recession, the Irish construction industry is enjoying a sustained period of growth, buoyed by high levels of private inward and state investment and an expanding economy. As detailed below, a range of surveys from key industry organisations underlines that this growth is being enjoyed across all main sectors in the industry and total output for 2016 is expected to be in the region of some €15 billion. Furthermore, the latest independent analysis from leading construction research firm AMA Research suggests that the industry is now set for its "highest rate of output growth in a decade" (see: Construction and Housebuilding Market Report – Republic of Ireland - 2016-2020 ).
In terms of employment, government statistics indicate that it currently supports approximately 126,000 jobs and comprises over 30,000 enterprises. In order to meet predicted demand, the Construction Industry Federation (CIF) has suggested that the industry will need between 80,000 and 100,000 additional jobs over the next five years, noting that the industry had lost around 180,000 people during the years affected by the recent downturn. In autumn 2016, the CIF published research indicating that the industry could create an additional 75,000 jobs by 2020 in the delivery of the government’s housing and infrastructure strategies.
The industry's profile parallels that of UK construction and therefore business activities, practices and procedures are very similar.....(continued)
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