Infrastructure Key to Boost Housing

The Construction Industry Federation (CIF) in Ireland has warned that the country’s construction sector is unable to address the growing need for housing unless significant funds are allocated for essential utilities infrastructure such as water and electricity. Prior to its yearly conference in Dublin, the CIF urged for an increase in investment in foundational infrastructure to keep multinational corporations invested in Ireland.

On the approach to the Budget 2025, the federation has asked for the Coalition to secure more funds for water and sewage systems within the Republic. Forward-looking, CIF is appealing to the Government to formulate a strategy that will ensure the provision of necessary utilities.

CIF’s Director General, Hubert Fitzpatrick, stated that a minimum of 60,000 homes per year is required to meet demand and highlighted the necessity of having water and electricity connections in place to enable the construction sector to fulfil this need at scale.

Fitzpatrick has emphasised the importance of infrastructure that allows foreign direct investment (FDI), economic growth, and job creation. He warned that without adequate capacity, companies that provide FDI may look for investment opportunities elsewhere, which could hinder national development.

On the topic of technology infrastructure, Fitzpatrick mentioned that the government could not afford a narrow view. He highlighted the risk of falling behind global competition if there is insufficient investment in stable data infrastructure.

The upcoming conference will see several notable speakers, including Finance Minister Jack Chambers, who will discuss the role of the construction industry in fostering sustainable growth. Other speakers will include leading figures from Amazon Ireland, BAM Construction UK and Ireland, and Sisk Group.

Written by Ireland.la Staff

Chadwicks Fined €60k for Dismissal