€19 billion worth of Major Construction Projects due to Progress, commence or be Completed in 2017

Construction Information Services (CIS) have published their Annual ‘Construction Opportunities 2017’ Report which contains almost €19 billion worth of Key and Major Construction Projects due to significantly progress, commence On-Site or be completed in the coming year, across all sectors of the Construction Industry throughout Ireland – North and South.

This is €2 Billion more than originally predicted, due to the large volume of Key and Major projects submitted for planning or moved to Plans Granted stage in Q4 2016.

Simon Coveney, T.D., Minister for Housing, Planning, Community and Local Government has kindly written the ‘Foreword’ to this important publication.

Other contributors:

• Minister Chris Hazzard, Minister for Infrastructure of Northern Ireland
• Tom Parlon, Director General, Construction Industry Federation
• Tom Moloney, Managing Director, CIS
• Phelim Devine, Design Director and Deputy Project Director, National Paediatric Hospital Development Board
• Hannah Dwyer, Associate Director and Head of Research, JLL
• Austin Hughes, Chief Economist, KBC Bank.
• Richard Ramsey, Chief Economist, Ulster bank, Northern Ireland.

519 projects are contained in the CIS Construction Opportunities 2017 Report totalling a rounded value of €18,856m. The following extract from the Report is a breakdown of this figure by sector value, volume and province.

Project Value by Sector: 

• Industrial – €2,189m  
• Commercial – €3,330m  
• Residential – €2,451m  
• Education – €927m  
• Medical – €1,667m  
• Community and Sport – €930m  
• Civil and Utilities – €5,697m 
• Hospitality – €1,665m

Project volume and value by sector 

• 11 Ulster ROI Projects worth €107m 
• 86 Northern Ireland Projects worth €2,232m 
• 295 Leinster Projects worth €11,531m 
• 95 Munster Projects worth €2,037m 
• 32 Connacht Projects worth €2,947m

Project stages 

• Pre-planning – 12 
• Plans Submitted – 78 
• Plans Granted – 126 
• Tender – 121 
• Contract Awarded – 42 
• On-Site – 140