The Construction Industry Federation today expressed its sympathy to the family of Owen O’Callaghan on his sad passing earlier today.

CIF Regional Director, Conor O’Connell, stated that,

“Owen O’Callaghan was a figurehead for the construction industry in the region and that through his vision, determination and business acumen he brought many projects, investment and jobs to Cork in his many developments over the last number of years and decades. Many of these projects would simply not have happened without his foresight and personal determination to develop Cork and the region as a whole."

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Article taken from CIS Construction Opportunities 2017 Report

Tom-MoloneyThe Irish Construction industry continues its sustained recovery and 2017 should see it continue on a growth trajectory to address the many deficits in all sectors which arose during the deep recession.

Our Construction Opportunities Report for 2017 provides clear evidence of this upward momentum in the industry and shows signs of activity spreading beyond the Dublin and Leinster regions.

The Report contains 519 projects totalling almost €19 billion across all sectors and regions, which have recently been submitted, are approved, due to commence, are progressing through the construction cycle or will be nearing completion in 2017 I would like to express my sincere appreciation to our contributors;

tom-parlonThe strong growth trajectory for the construction industry continued throughout 2016. As you will read over the coming pages of the highly informative CIS Construction Opportunities Report, projects to the value of almost €19bn will commence or come to conclusion over the next 12 months. For the first time in nearly a decade, we can look ahead further than a single year and predict sustained growth up to 2020. A recent CIF commissioned economic analysis forecast 9% annual growth on average for the construction industry, reaching €20billion output by 2020. It can potentially employ 213,000 direct employees making it the largest generator of jobs in all communities around the economy.