The construction sector in Ireland
is characterized by a high demand. In the first quarter (Q1) of 2017, the Irish land
sales had a total value of EUR 92 million and were represented by 26 development land plots
, according to the data provided by CRBE
. Investors who want to start a company in Ireland
in the field of construction can have very good prospects here and our team of Irish lawyers
can offer in-depth advice on the regulations referring to this industry.
High demand for the Irish construction sector
An important aspect that should be taken into consideration when starting business activities in Ireland
is that the construction sector
is represented by a high demand. The development land plots
available here have also met supply shortages, most notably in the residential construction sector
A representative of the CRBE
mentioned that the highest demand
is registered in Dublin
– the capital city of the country, especially in the residential industry
. Our law firm in Ireland
can offer more information on the requirements to establish a company developing construction activities
in the residential field.
Investors can have numerous business opportunities in this field, as more and more Irish residents
are applying for a mortage
. At the same time, it is necessary to mention that the level of sales registered in the construction sector
have also increased.
The market is also characterized by an increase in the construction field related to student accommodation, but commercial plots are in high demand as well. In this sense, the representative of the CRBE declared that the highest increase related to the industrial activities was registered along the most important Irish roads.
Construction sector in Ireland
The industry prospects available for the construction related activities are very good for Ireland. The Construction Industry Federation pointed out that the industry may grow up to 9% per year.
Investors should know that the industry can generate employment
demands of up to 112,00 new jobs
by 2020 and our attorneys in Ireland
can offer more details on the employment legislation