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Dublin: 12 °C Monday 20 May, 2013

1,500 building jobs to be created over next two years

Hundreds of jobs will be created in the construction industry over the next couple of years as a result of recent announcements for foreign direct investment in Ireland, the Industrial Development Authority has said.

Image: Sasko Lazarov/Photocall Ireland

UP TO 1,500 building jobs could be created over the next two years on the back of ten recent foreign direct investment (FDI) projects, the IDA announced today.

The IDA said that the recent flow of FDI projects would require a combined total of 1.5 m square feet, creating as many as 1,500 new jobs over two years.

The new buildings are required for life sciences, information and communications technology (ICT) and data centre sectors – with companies such as Eli Lilly, Boston Scientific, Allergan, Microsoft, Analog Devices, Google and Apple planning to construct new buildings.

IDA chief executive Barry O’Leary said the demand demonstrated the importance of the “secondary or spillover effects” that the recent FDI announcements posed for the construction industry.

Similarly, the Construction Industry Federation’s director general Tom Parlon said that FDI has been “one of the few sources for optimism” in construction at a challenging time for the sector.

“Many of the companies being brought to Ireland are undertaking major commercial and office construction projects to meet their needs, with the announcement by Apple that they are to construct a new building in Cork being the latest example,” he said. “The jobs and economic impact generated by these new projects will be a shot in the arm to the industry and we hope to see further investment in the months and years ahead.”

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Comments (31 Comments)

  • Optimism?

    Wrong website mate, you wont find much of that stuff here.

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  • Wouldn’t it be better to complete the buildings that are lying half finished everywhere? Probably cheaper & quicker than starting from scratch, and jobs would still be created.

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    • Yes.

      Plenty of empty factories lying empty around the country.
      (Not to mention there are plenty of NAMA Skeletons out there)

      Guaranteed that the IDA are giving or allowing these foreign companies the money to build these projects.
      (As they always have done)

      Jobs for the boys.

      Reply
  • Yes neil you are right wanted to sell my house and buy a half finished one as I’m 25 y in construction but the bank told me it’s was not possible under Irish banking laws

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  • Heard all this before. Construction firms only want cheap foreign agency workers. Most of the national schools are being built by Northern Ireland sub contractors employed by the main contractors. Is it any wonder there’s no money in the economy when Irish tradesmen and labourers are constantly told there’s no work. Most have already left if they’ve no commitments here. I won’t be holding my breadth with this headline in the journal.

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  • It has to be said, we had too many builders in this country. Also, the standard of finishing on houses during the boom was piss poor.

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  • Agree just left London wages are down by half great news for the polish economy

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  • That’s competition lads, get over it. If Irish companies are pricing themselves out of the market, they only have to look at the wage negotiations they were involved in for the past 20 years. Until these are reviewed and revised significantly downwards to a more realistic level those pesky competitive non-Irish firms will (rightly, in my opinion) get the contracts.

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  • This is welcome and good news However it is a drop in the ocean.

    MORE THAN 230,000 building workers have lost their jobs since the height of the construction and property bubble five years ago, figures released yesterday (April 18, 2012) show.

    Employment in the industry has fallen below 150,000 this year from a peak of 380,000 in 2007, a fall of 60 per cent, according to a report by DKM Economic Consultants.

    The report, produced for the Society of Chartered Surveyors Ireland, states the value of the industry has fallen to €7.5 billion this year from €39 billion since 2007.

    Reply
  • Extremely positive news and even if only half of the jobs the IDA expect are created it will still be a huge boost for the sector. I do find it quite sad that every comment so far has been negative tho. Lighten up a bit people and show a bit of optimism,

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  • Any new job is good news however, we are still in a race to the bottom with prices in Ireland especially in Construction and Companies need to stand firm and not be giving into these rediculous low rates. No work is welcome at below cost. Quality before quantity is what is needed. It’s simple maths lads.

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  • You’re just showing your ignorance Mary. If you don’t know what you’re talking about say nothing. Typical.

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    • That’s exactly the sentiment on this website lately. If you disagree with the moaners and begrudgers they want you to shut up and say nothing. Only those who agree with their Ireland Says No attitude should be commenting.

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  • I remember speaking with a guy from the North a few years ago, he was working for the week in Dublin as a glazier. I asked him why he traveled down here each week to work and was there a lack of glazier jobs up North. He told me, “I get put up in a hotel for the week in Dublin, all expenses paid (bed, board and travel) and I earn between 45 and 55 euros an hour down here. If I was to work at the same in Belfast I would get £9 per hour and if I was top of my game £9.50 per hour, that’s why!”. They are either severely under paid in the North or construction firms lost the plot in the South with wages and the prices being charged.

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    • That was a few years ago.

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    • Exactly Dan. Builders seem to have forgotten why they are builders…

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    • Oisin this article is long over and usually I don’t respond to snobs but for you I’ll make an exception. I’m a tradesman 33 years and have 2 daughters who are academics. I worked long and hard and in truth earned a lot of money but I don’t know of any trades that contributed to the collapse of the economy. We were asked to build apartments, houses and offices by academics, intelligent economists and politician (teachers) which we did. They were built, admittedly more expensive than they should have been but I can guarantee you this, for every euro we made the greedy unscrupulous academics made a lot more. Before you sneer and make stupids statements have some manners or where you not thought that by your fellow “academics”. Use your education for constructive comments rather than sneering at tradesmen that maybe hadn’t got the opportunities you got. Your comments are a disgrace, you’re parents must be very proud of you.

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  • Stop your nonsense. Thats a cop out retort if ever I heard one! I was not sneering I was stating a fact which you admitted to. During the good times, tradesmen constantly sneered at academics as they were earning less. So dont give me that crap! I was perhaps being facetious but only out of frustration with the building sector who have attempted to remove themselves from blame. I admire your hard work and fair play to your daughters, you must be very proud of them. But a word to the wise, do not bring my parents into an argument with me again on this forum, you proletariat…

    Reply

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