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As the Irish construction sector reflects on the trials of 2023, a newfound sense of cautious optimism permeates the industry. Despite facing persistent challenges such as inflation, material shortages, and skilled labour deficits, recent indicators suggest a shift towards a brighter future.

Reports from industry surveys and financial institutions reveal a growing confidence among construction companies, with a majority expressing positivity about the sector's health. Noteworthy forecasts predict significant growth in construction output and housing completions for 2024, hinting at a promising trajectory.

In 2023, amidst economic pressures, the sector witnessed notable transactions, particularly in multi-use developments spanning residential, commercial, and retail spaces. Refinancing activities also saw an uptick, especially concerning assets undergoing completion or defect liability periods.

Looking ahead to 2024, the momentum in construction financing is expected to continue, fueled by improved material availability and cost certainty. The focus is likely to extend to fit-out, refurbishment, and alteration projects, driven in part by anticipated revisions to energy efficiency regulations. The directive aims to transform existing buildings into zero-emission structures gradually, posing challenges and opportunities for property owners and tenants alike.

While the future appears promising, challenges persist, including inflation and supplier stress. However, the overall outlook remains positive, with the industry poised for growth.


Source: Eolas Magazine (Issue 62, pages 108 - 109 published 19 February 2024). You can also access a link to the online article here.

Are you looking to get into the Construction Industry?

CONSTRUCTION JOBS EXPO - SATURDAY, 18TH MAY, 2024

MAY 18 @ 10:00 - 16:00

Free

Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024

Construction Jobs Expo is returning to Dublin in Spring 2024! This careers fair will take place on Saturday, 18th May (10am-4pm) at the RDS. This careers fair will be dedicated to the construction sector and will feature hundreds of active job opportunities . Construction Jobs Expo is the only careers exhibition of its type to feature FREE ADMISSION.

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

We look forward to seeing you at Construction Jobs Expo !

Building for Tomorrow 2024 takes place on Thursday 22nd February 2024 , 8:30am – 4.00pm at the Hilton Hotel, Paradise Walk, Templepatrick, BT39 0DD.

NHBC Building for Tomorrow is a technical seminar series for the house-building industry.

 

Building for Tomorrow 2024

The upcoming event offers a variety of opportunities to hear the latest from the people driving the agenda, learn from those who are using new technologies and network with industry experts.

You'll have the chance to ask questions to the expert panel about the challenges your business faces, meet with exhibitors offering the latest solutions and earn valuable CPD credits.

Don't get left behind. Book your tickets for Belfast Here!

The government is launching an ambitious plan to encourage Irish construction workers living abroad to return home and contribute to the construction industry. Higher Education Minister Simon Harris has allocated €750,000 to kickstart a campaign aimed at boosting the number of men and women working in construction across the nation.

Construct vital new infrastructure and communities

Minister Harris emphasizes the urgent need for an additional 50,000 tradespeople and professionals across all construction disciplines over the next decade to meet soaring housing demand. "There are a number of Irish workers with exceptional talents working outside of Ireland, and we need them here helping us construct vital new infrastructure and communities," the minister stated.

Come home and help build a home

Central to the strategy is an outreach program targeting Irish construction emigrants in hubs like London, New York, and Sydney. The campaign will utilize advertising channels tailored for professionals and tradespeople overseas, inviting them to reconnect over the opportunities and benefits of re-establishing roots at home. Harris spoke about asking Irish workers who live abroad to "come home and help build a home."

Incentives for a move back to Ireland

To maximize appeal, the Higher Education Department will directly engage the expatriate construction community - asking what workplace improvements, lifestyle supports, or policy adjustments could create compelling incentives for a move back to Ireland. While financial bonuses are currently not being offered, the government hopes to unlock other levers to encourage workers to return.

Construction Jobs Expo

We at Construction Jobs Expo fully support that initiative and believe that bringing skilled countrymen and women back could prove transformative. That's why Construction Jobs Expo enthusiastically welcomes emigrants considering their return at our upcoming Construction Jobs Expo in May.

Construction Jobs Expo takes place at the RDS on 18th May, 2024 and gathers Ireland's top construction employers, training bodies, and policy leaders. Global professionals returning from abroad can rekindle industry connections, interview for premier roles with flexible ramp-up timelines, and access exclusive repatriation advice sessions all under one roof.

With quality construction talent in such high demand domestically, this  government initiative signals major momentum ahead for rapidly accelerating hiring across Ireland's building and infrastructure sectors.

Register here for FREE ADMISSION to the Construction Jobs Expo today and meet your next employer. Together, let's build a better Ireland.

 

Construction Jobs Expo 2024

Building for Tomorrow 2024 - The journey to the future home is a technical seminar series for the house-building industry. Taking place on Thursday 22nd February 2024, from 8:30am – 4.00pm at the Hilton Hotel, Paradise Walk, Templepatrick, BT39 0DD, Belfast.

Building for Tomorrow 2024 - The journey to the future home

The upcoming event offers a variety of opportunities to hear the latest from the people driving the agenda, learn from those who are using new technologies and network with industry experts.

You'll have the chance to ask questions to the expert panel about the challenges your business faces, meet with exhibitors offering the latest solutions and earn valuable CPD credits.

Don't get left behind. Book your tickets for Belfast Here!

 

Are you looking to get into the Construction Industry?

CONSTRUCTION JOBS EXPO - SATURDAY, 18TH MAY, 2024

MAY 18 @ 10:00 - 16:00

Free

Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024

Construction Jobs Expo is returning to Dublin in Spring 2024! This careers fair will take place on Saturday, 18th May (10am-4pm) at the RDS. This careers fair will be dedicated to the construction sector and will feature hundreds of active job opportunities . Construction Jobs Expo is the only careers exhibition of its type to feature FREE ADMISSION.

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

We look forward to seeing you at Construction Jobs Expo !

We're excited to announce that Skanstec have join Construction Jobs Expo 2024. Their recruitment team will be available to discuss career opportunities at the company and take CVs from 10am until 4pm at the RDS on May 18th. You can now register to get FREE ADMISSION on the day. Get started here.

About Skanstec

Skanstec is a specialist engineering company in the Energy & Telecommunications Sectors. They design, build and commission critical infrastructure in Power Grids & Communication Networks. They're a single-source solution to the end client by having the capability to deliver and manage the full life cycle of a project in both sectors.

For large energy demand customers such as data centres or advanced manufacturing facilities, they bring power from the grid to the point of use. For generation or renewable energy customers such as Solar and Wind Developers they work in reverse, bringing power from the point of generation onto the power grid network.

In the telecommunications sector they focus on, fix mobile networks, such as fibre and 5G technology integration for large multinational global customers.

Furthermore, their highly experienced engineering team deliver a vast range of services in the energy and telecommunications sector across the European market, and they've a proven track record in engineering solutions and project delivery.

They mitigate risks and reduce costs for clients by taking ownership in engaging with stakeholders, managing project schedules, and value engineering to enhance solutions whilst maintaining industry standards.

Skanstec main market segments include turnkey projects, power substations, grid connections, power generation, temporary power solutions, fixed and mobile telecommunication networks along with maintenance & asset management.

 

Recent data from Indeed has listed Engineering and Construction as the  Hardest-to-Fill Jobs.

Engineering

The demand for skilled professionals in various engineering disciplines far surpasses the available talent pool. From instrumentation engineers to resident engineers and design engineers, the struggle to find qualified candidates is evident. Instrumentation engineers, in particular, claim the top spot, with nearly 63% of advertised roles remaining unfilled for over 60 days.

Construction 

The shortage of construction workers in Ireland has been well-documented, contributing to the difficulty in filling roles such as mechanical and electrical project managers, civil supervisors, and technicians. Even ecologists, tasked with assessing the environmental impact of construction projects, find themselves in the mix of hard-to-fill positions.


Are you looking to get into the Constuction Industry?

CONSTRUCTION JOBS EXPO - SATURDAY, 18TH MAY, 2024

MAY 18 @ 10:00 - 16:00

Free

Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024

Construction Jobs Expo is returning to Dublin in Spring 2024! This careers fair will take place on Saturday, 18th May (10am-4pm) at the RDS. This careers fair will be dedicated to the construction sector and will feature hundreds of active job opportunities . Construction Jobs Expo is the only careers exhibition of its type to feature FREE ADMISSION.

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

 

We look forward to seeing you at Construction Jobs Expo !

Embark on a summer of possibilities at this year's Construction Jobs Expo, where career opportunities in the dynamic and ever-evolving construction industry take centre stage.
Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024.

Register Now.

Join us for a day of exploration, networking, and discovery as leading construction companies, industry experts, and job seekers converge to shape the future of construction careers. Whether you are a seasoned professional looking for the next big opportunity or a recent graduate ready to kickstart your career, the Construction Jobs Expo is your gateway to connecting with top employers, gaining insights from industry leaders, and navigating the exciting landscape of construction job opportunities. Don't miss your chance to build a successful career path this summer – the foundation starts here!"

Construction Jobs Expo 2024

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

Register Now.

We look forward to seeing you at Construction Jobs Expo !

The latest findings from the BNP Paribas Real Estate Ireland Construction Purchasing Managers' Index (PMI) reveal a subdued end to 2023 for the construction industry, with December marking the sixth consecutive month of declining activity. The PMI recorded a figure of 45.1, a marginal improvement from November's 44.5 but still well below the critical 50 mark, indicating a contraction in activity.

Commercial Sector Hit Hard: The commercial sector experienced the most significant decline, with a PMI reading of 42.8. This plunge in commercial activity is noted as the weakest in a decade, excluding the impacts of COVID lockdowns and the downturn in August last year. John McCartney, Director and Head of Research at BNP Paribas Real Estate Ireland, attributed the downturn in commercial values to higher interest rates and soft demand in certain sectors, particularly offices.

Residential Activity and Hiring Trends: Housing activity, though still declining with a PMI of 45, showed a less steep contraction compared to November. Employment in the construction sector rebounded in December, marking a return to growth after falling for the first time in 11 months in November. McCartney indicated that the hiring of additional staff reflected confidence in the industry's outlook for 2024.

Business Sentiment and Future Outlook: Despite the overall weakness, the report revealed a positive turn in business sentiment, reaching a seven-month high. Respondents expressed hopes of securing new projects in 2024, with over 34% predicting a rise in activity over the next 12 months, compared to 15% who held a pessimistic view.

Input Costs and Margins: December saw a sharp increase in input costs due to higher charges by suppliers. While inflation rates eased compared to November, they remained below the 2023 average. McCartney emphasized that rising input costs, coupled with a decline in commercial activity, have squeezed development margins, impeding the initiation of new projects.

Positive Outlook for Residential Sector: Despite the challenges, McCartney highlighted an encouraging 18% rise in housing starts between January and November, signaling a positive outlook for the residential sector. This surge in residential activity suggests resilience and potential growth opportunities within the housing segment of the construction industry.

As the construction sector navigates challenges and seeks recovery, industry experts anticipate a nuanced trajectory in 2024, driven by various factors, including economic conditions, interest rates, and the evolution of demand patterns across different segments of the construction market.

The Construction Industry Federation has said that a clear pipeline of work is vital to support investment in resources needed to deliver critical infrastructure, but that the industry is well-positioned to respond to the ambitions of the National Development Plan.

Hubert Fitzpatrick, Director General of the Construction Industry Federation said:

“A clear pipeline of projects will enable the industry to invest and procure the resources that are required to deliver on the infrastructure outlined in the National Development Plan. The Government’s commitment to investing in the NDP is critical for providing this certainty to support investment and growth in the sector.

“Ireland’s population now stands at 5.2 million. This presents a challenge, but we also have a prime opportunity to harness this growth. We critically need a built environment including roads, transport systems, schools, hospitals and utilities. If we don’t provide this infrastructure, our critical housing and climate commitment targets will be delayed. The report recognises the need for increased housing targets, which we welcome.

“The industry is confident in its ability to recruit enough workers to deliver national construction projects within the current employment context. In 2019 there were 145,600 employed in the construction sector, growing to 167,400 by Quarter 3 2023. The industry labour force grew by almost 22,000 despite difficult years, which included Covid.

“Apprenticeship numbers are strong with 6,500 new apprentices registered in 2023 and there are over 23,000 apprentices currently in training. We welcome the Government’s investment in the National Careers in Construction Action Plan and the initiatives taking place across bodies such as the National Construction Training Centre, Solas and the National Apprenticeship Office.

“While there is a need for labour, the volume needed is not insurmountable and the industry is responding collaboratively. The importance of a clear pipeline of work to attract employees and give them confidence that they can build a future in construction is crucial.”

 

 

National Development Plan 2021-2030

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CONSTRUCTION JOBS EXPO - SATURDAY, 18TH MAY, 2024

MAY 18 @ 10:00 - 16:00

Free

Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024

Construction Jobs Expo is returning to Dublin in Spring 2024! This careers fair will take place on Saturday, 18th May (10am-4pm) at the RDS. This careers fair will be dedicated to the construction sector and will feature hundreds of active job opportunities . Construction Jobs Expo is the only careers exhibition of its type to feature FREE ADMISSION.

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

Register

We look forward to seeing you at Construction Jobs Expo !

 

 

 

A Career in Construction

 

The TUS Engineering Open Day will take place on Saturday 13th January from 10.00am to 1.00pm at the Moylish campus, Limerick city.

Visitors to the Engineering Day can meet lecturers and students from our various engineering disciplines, avail of information talks about our engineering courses and associated careers in engineering. There will also be an opportunity to meet industry employers from the midwest region to learn more about the varied careers in engineering. For anyone interested in studying engineering, but unsure of which engineering discipline may be right for them (Mechanical, Electrical, Civil, etc), this event is an ideal opportunity to learn more about Engineering at TUS Moylish campus.

Book your place now at TUS Engineering Open Day - TUS

 

CONSTRUCTION JOBS EXPO - SATURDAY, 18TH MAY, 2024

MAY 18 @ 10:00 - 16:00

Free

Construction Jobs Expo returns to Dublin. Register for FREE ADMISSION today and meet employers at the RDS on 18th May, 2024

Construction Jobs Expo is returning to Dublin in Spring 2024! This careers fair will take place on Saturday, 18th May (10am-4pm) at the RDS. This careers fair will be dedicated to the construction sector and will feature hundreds of active job opportunities . Construction Jobs Expo is the only careers exhibition of its type to feature FREE ADMISSION.

What can you expect at Construction Jobs Expo ?

  • Employers actively recruiting for hundreds of jobs at home and abroad
  • Specialised areas dedicated to jobs in the construction and engineering sectors.
  • Start your own business experts offering advice and support networks
  • A packed seminar timetable on important and topical issues by a range of industry experts

Agenda Stage

Construction Jobs Expo's Agenda Stage will host talks on a variety of topics including jobseeking skills such as using social media to land your dream job and interview techniques as well as a CV writing workshop. Other seminars include talks by industry insiders on a variety of career topics.

 

We look forward to seeing you at Construction Jobs Expo !

Stay up to date with the latest from Construction Jobs Expo

Stay up to date with the latest from Construction Jobs Expo

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