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Thursday, 15 July 2010 01:01


Irish Road and Rail projects axed PDF Print E-mail
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Tuesday, 06 July 2010 22:09

According to the Irish Independent  "FORTY major road projects and key rail and Luas projects have been scrapped because there is no money to build them."

The full article by Treacy Hogan and Ailish O'Hora which is taken from is below.

Construction industry shrinks for 35th month in a row PDF Print E-mail
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Wednesday, 12 May 2010 06:51

THE building industry shrank for the 35th consecutive month in April, the regular survey from Ulster Bank shows.

Final section of the M8 and M3 to open in June 2010 but how much will it cost in tolls? PDF Print E-mail
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Wednesday, 19 May 2010 06:50

The final section of the M8 motorway to Cork and the controversial M3 motorway are expected to open in June. However motorists will be hit with two tolls on each route!

Building contracted at slower pace in April PDF Print E-mail
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Wednesday, 12 May 2010 06:44

According to the the Irish Independent Ireland’s building industry contracted at the slowest rate in two and a half years last month, adding to signs the country may be recovering from its deepest recession on record.

The Ulster Bank Construction PMI index rose to 42.5 in April from 42.3 in March, Ulster Bank said in a monthly report published on Monday. A reading below 50 indicates contraction.

The Government expects the economy to return to growth in the second half of this year.

Figures published last week showed retail sales increased and the jobless rate stayed unchanged. Construction firms’ confidence about the future was the strongest since March 2007, Ulster Bank said.

The index “now stands at its highest level in two and a half years - a trend that points to an easing in the rate of contraction in construction output in recent months,” Simon Barry chief economist at Ulster Bank, said in the statement.

- Louisa Fahy

© Bloomberg

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