| 1. |
INTRODUCTION |
6 |
| 2. | SUMMARY |
8 |
| 3. | ECONOMIC ENVIRONMENT & SOCIAL BACKGROUND |
12 |
| 3.1 | GENERAL |
12 |
| 3.2 | ECONOMIC BACKGROUND. |
13 |
| 3.2.1 | Economic Growth in 2006 |
13 |
| 3.2.2 | GDP |
14 |
| 3.2.3 | Interest Rates |
15 |
| 3.2.4 | Imports and Exports |
16 |
| 3.2.5 | Consumer Confidence |
17 |
| 3.2.6 | Impact of the 2007 Budget |
19 |
| 3.3 | DEMOGRAPHIC PROFILE |
19 |
| 3.3.1 | Population |
19 |
| 3.3.2 | Regional Profiles |
21 |
| 4. | CONSTRUCTION MARKET OVERVIEW |
23 |
| 4.1 | TOTAL CONSTRUCTION MARKET |
23 |
| 4.1.1 | Value of Output – Construction New Work |
23 |
| 4.1.2 | Performance in 2006 |
25 |
| 4.1.3 | Forecasts for Construction Output in 2007-2009 |
28 |
| 4.2 | REGIONAL CONSTRUCTION OUTPUT |
29 |
| 4.3 | CONSTRUCTION EMPLOYMENT LEVELS |
32 |
| 4.4 | CONSTRUCTION COSTS |
34 |
| 4.4.1 | Labour Costs |
35 |
| 5. | SECTORAL CONSTRUCTION ACTIVITY |
37 |
| 5.1 | OVERVIEW |
37 |
| 5.2 | RESIDENTIAL SECTOR |
38 |
| 5.3 | PRIVATE NON-RESIDENTIAL |
40 |
| 5.3.1 | Industrial Construction |
41 |
| 5.3.2 | Commercial Construction |
43 |
| 5.4 | PUBLIC NON-RESIDENTIAL |
48 |
| 5.4.1 | Social Infrastructure |
49 |
| 5.4.2 | Productive Infrastructure |
53 |
| 6. |
KEY FACTORS AFFECTING THE INDUSTRY |
61 |
| 6.1 | THE NATIONAL DEVELOPMENT PLAN |
61 |
| 6.1.1 | 2000-2006 Plan |
61 |
| 6.1.2 | Infrastructure Developments under the 2000-2006 NDP |
62 |
| 6.1.3 | National Development Plan 2007-2013 |
64 |
| 6.2 | PLANNING AND LAND DEVELOPMENT |
66 |
| 6.2.1 | Strategic Development Zones |
66 |
| 6.2.2 | Zoned Land for Housing |
66 |
| 6.2.3 | Planning and Development Regulations 2006 (S.I 685 of 2006) |
67 |
| 6.3. | CAPITAL FUNDING |
68 |
| 6.3.1 | 2007 Budget |
68 |
| 6.4 | PUBLIC PRIVATE PARTNERSHIPS (PPP) |
70 |
| 6.4.1 | Market Size |
71 |
| 6.5 | USE OF PREFABRICATION |
73 |
| 6.5.1 | Types of Prefabricated Building Construction |
73 |
| 6.5.2 | Application of Prefabrication to the Irish Construction Industry |
74 |
| 7. | CONSTRUCTION COMPANY PROFILES |
78 |
| 7.1 | OVERALL MARKET |
78 |
| 7.2 | STRUCTURE OF THE CONTRACTING INDUSTRY |
78 |
| 7.3 | KEY CONSTRUCTION COMPANIES AND CONTRACTORS |
80 |
| 8. | FUTURE PROSPECTS |
92 |
|
TABLES AND CHARTS |
| CHART 1 | VALUE OF CONSTRUCTION OUTPUT NEW WORK 1999-2009 (€ BILLION) |
8 |
| TABLE 2 | IRELAND – ANNUAL AVERAGE % CHANGE GDP 1998-2008 |
14 |
| TABLE 3 | IMPORTS AND EXPORTS FROM AND TO IRELAND 1996-2006 BY VALUE – (€ MILLION) |
17 |
| TABLE 4 | IRELAND – ANNUAL AVERAGE % CHANGE IN CONSUMER PRICES 1997-2007 |
18 |
| TABLE 5 | POPULATION OF THE REPUBLIC OF IRELAND 1995-2015 (MILLIONS) |
20 |
| TABLE 6 | VALUE OF CONSTRUCTION OUTPUT NEW WORK 1999-2009 (€M) |
24 |
| TABLE 7 | STRUCTURE AND VALUE OF THE IRISH CONSTRUCTION INDUSTRY 2006 (€ BILLION) |
27 |
| TABLE 8 | VALUE OF CONSTRUCTION OUTPUT BY REGION – 2003 AND 2005 (€M) |
30 |
| TABLE 9 | NUMBERS EMPLOYED IN THE IRISH CONSTRUCTION INDUSTRY 1999-2009 |
33 |
| TABLE 10 | WHOLESALE PRICE INFLATION FOR BUILDING MATERIALS IN IRELAND (JAN-JUNE 2005 AND JAN-JUNE 2006): |
35 |
| CHART 11 | TOTAL CONSTRUCTION MARKET IN THE REPUBLIC OF IRELAND BY SECTOR - % BY VALUE 2006 |
37 |
| TABLE 12 | VALUE OF CONSTRUCTION OUTPUT BY SECTOR* - 2004-2008 (€M) |
38 |
| CHART 13 | IRELAND – HOUSE-BUILDING COMPLETIONS 1996 - 2011 |
39 |
| CHART 14 | PRIVATE NON-RESIDENTIAL CONSTRUCTION OUTPUT BY SECTOR - % BY VALUE 2006 |
41 |
| CHART 15 | IRELAND – INDUSTRIAL CONSTRUCTION OUTPUT 2002-2006 (€ ‘000) |
42 |
| CHART 16 | IRELAND – COMMERCIAL CONSTRUCTION OUTPUT 2002-2006 (€ ‘000) |
43 |
| CHART 17 | IRELAND – RETAIL CONSTRUCTION OUTPUT 2002-2006 (€ ‘000) |
45 |
| TABLE 18 | IRELAND – RETAIL SCHEMES CURRENTLY UNDER CONSTRUCTION 2006-2009 |
47 |
| CHART 19 | SOCIAL INFRASTRUCTURE CONSTRUCTION OUTPUT BY SECTOR - % BY VALUE 2006 |
49 |
| CHART 20 | IRELAND – EDUCATION CONSTRUCTION OUTPUT 2002-2006 (€ ‘000) |
50 |
| CHART 21 | IRELAND – HEALTHCARE CONSTRUCTION OUTPUT 2002-2006 (€ ‘000) |
51 |
| CHART 22 | PRODUCTIVE INFRASTRUCTURE CONSTRUCTION OUTPUT BY SECTOR - % BY VALUE 2006 |
54 |
| TABLE 23 | NATIONAL ROAD SCHEMES DUE TO START IN 2006 |
56 |
| TABLE 24 | THE NATIONAL DEVELOPMENT PLAN 2000-2006 – CAPITAL ALLOCATIONS TOWARDS INFRASTRUCTURAL DEVELOPMENT (€ BILLION) |
62 |
| TABLE 25 | ESTIMATED CAPITAL ALLOCATIONS UNDER THE NATIONAL DEVELOPMENT PLAN 2007-2013 – (€ BILLION) |
65 |
| TABLE 26 | IRISH BUDGET – SUMMARY OF DEPARTMENTAL ALLOCATIONS 2006-2009 |
69 |
| CHART 27 | FORECAST GOVERNMENT CAPITAL SPENDING 2007-2013 (€ ‘000) |
70 |
| TABLE 28 | NATIONAL DEVELOPMENT PLAN 2007-2013 PPP FINANCE PROJECTS |
72 |
| TABLE 29 | NUMBER OF BUILDING AND CONSTRUCTION FIRMS IN IRELAND 2003 & 2004 |
79 |