Tuesday, January 20, 2009

€900m schools programme could create 3,300 construction jobs

Irish Minister for Education Batt O’Keefe TD has said that up to 3,300 Irish construction jobs could be created in 2009 through the Government’s €900m schools building programme.
Up to €580m has been allocated for construction and upgrading of new primary and post-primary schools. Third level facilities have been allocated €265million.

Minister O Keefe surmises: “Some economic commentators work to the principle that every €255,000 of investment in construction activity is likely to generate a single job. Applying this theory to my capital programme should ensure that around 3,300 construction jobs will be secured this year.”

A number of schools are planned for construction in 2009 as part of the public-private partnership (PPP) programme.

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