Port of Cork to get €38.4m EU grant to develop offshore renewable energy facilities
A €38.4m EU grant has been approved for the Port of Cork to help develop its facilities for the offshore renewable energy sector. The money will help fund the construction of two berth expansions. The Ringaskiddy East project will see a 200m extension to the existing...
Plans lodged to extend DART services to Drogheda in ‘significant step forward’
The extension of the DART to Drogheda has today taken a “significant step forward” as Iarnród Éireann lodged a Railway Order application with An Bord Pleanála. The extension, which will serve communities along the coast from Dublin, will go from Malahide to Drogheda...
Irish housing completions forecast to be strongest among 19 European countries
The pace of construction of new residential homes in Ireland continues to accelerate according to the latest forecasts from EY-Euroconstruct, with estimates for completions revised upwards for the next 2 years. Housing completions in 2024 and 2025 are projected to be...
CIF welcomes increased capital spending in publication of the Summer Economic Statement
The Construction Industry Federation (CIF) has welcomed the increased capital spending announced in yesterday's publication of the Summer Economic Statement. Capital spending will increase by over 10 per cent or €1.4bn in line with the NDP review and new allocations...
Cabinet approves move to progress Shannon-to-Dublin water pipeline
The Cabinet has approved the next stage in the multibillion project to pipe water from the river Shannon to the Dublin region, which enables Uisce Éireann to seek planning permission for one of the largest infrastructure projects in the history of the State during...
Increases in construction activity continued in May
Work on housing and commercial projects continued to increase in May according to BNP Paribas Real Estate Ireland. Sustained growth of employment was also recorded, with staffing levels up for the sixth month running in response to higher new orders. Read the full...
Construction on €100 million Center Parcs resort expansion to begin in September
Construction on a €100 million new development at Center Parcs in Longford is set to get underway in September. The development includes the addition of 198 lodges and luxury treehouses, which will increase the resort’s capacity to around 3,500 guests. Existing...
Cork University Hospital poised for decade of major expansion
One of Ireland’s largest hospitals is poised for a decade of unprecedented expansion. Cork University Hospital (CUH) will get the highest allocation of beds nationally as part of the State’s new bed investment plan. The Government’s Acute Hospital Inpatient Bed...
Intel nears €10.2bn deal to build a plant in Ireland
US computer chip making giant Intel is reportedly in advanced talks with an asset management company to provide more than $11bn (€10.2bn) to build a plant in Ireland. According to a report by the Wall Street Journal, Intel is seeking to partner with Apollo Global...
Construction sector rebound continues in April with fastest expansion in over two years
Construction activity expanded last month at the fastest pace in more than two years, with housing and commercial projects both attracting momentum. New orders, employment and input purchases all rose, while 87 per cent of building firms said they expected to be as...