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Irish Construction Industry. Output
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2. Irish Construction Industry Output €35bn - 23% of GNP (compared with EU average of 10%)
Components:
Residential: 65%
Infrastructure: 20%
Commercial, Industrial and Public Sector: 15%
Employment - 255,800 (12.5% of persons in employment compared with EU average of 7%)
Over dependency on housing, now in decline
Shift towards infrastructural spend
3. Challenges facing Irish Construction Industry Changing economic climate –interest rate fluctuations, job losses, residential slowdown
Changing procurement landscape – more D&B, New Public Sector Contracts
Risk Allocation - does not support innovation
Islands of information – lack of interoperability, discrete separate ICT systems
New Technology - take up low
Climate Change – Need for more sustainable solutions, BER regulations, waste management
R+D - spend inadequate
10. Re-affirm the inefficiencies that currently exist in particular construction processes.
Demonstrate by the adoption of a live pilot project that particular ICT tools can led to verifiable reduced costs, improved effectiveness and increased productivity to participant companies.