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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2,000 construction jobs for North Dublin

The Irish construction industry may not after all be in a free falling downturn. In 2009 the Irish construction industry has dusted itself down from the hammering it took in 2008 and a number of significant Irish construction jobs opportunities will emerge in the coming months. Foremost amongst these construction job opportunities will be Treasury Holdings’ €800m Spring Cross, Ballymun Town Centre regeneration scheme.

The developer expects to get to work on the final part of the Ballymun Regeneration scheme in North Dublin in the coming months, and says that 2,000 construction jobs will be created by the development during the projects three-year construction programme, which will finish in 2012.

The development will include over 60,000 sq m of retail space, 28,000 sq m of office space and over 11,000 sq m of leisure facilities.

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