Operating at almost full capacity, what are the potential bottlenecks to continued growth for both the economy and the construction sector?
Keep updated: 2023 Agenda coming soon
The Irish construction sector plays a crucial role in laying the groundwork for a smart economy that attracts and retains inward investment. Its exceptional expertise in creating modern, sustainable infrastructure is a key driver of this success. The contribution of Foreign Direct Investment (FDI) to the Irish economy is far reaching and it is estimated that 20% of all private sector employment in the State is directly or indirectly attributable to FDI. A recent success story of the Irish construction industry has been the growth if its strong global reputation for the development of data centres. The specific expertise held by Irish construction companies in building complex, secure facilities for big tech has positioned Ireland as a key player in the global construction market for high tech facilities and been an important factor in the success of Ireland’s digital economy. It has also been an important factor in the success of Ireland’s digital economy, underpinning Ireland’s ability to attract inward investment, foster economic growth, and advance technology.
This panel will discuss:
As rising temperatures become increasingly certain, how can we build housing and infrastructure resilient to future climate change while meeting demands for reduced embodied carbon?
The construction industry plays a central role in delivering the substantial State-backed investment plans to address Ireland’s housing crisis, infrastructure requirements and climate change targets over the next two decades, to accommodate the extra one million people expected to be living in Ireland by 2040. A strong and competitive construction industry is vital to deliver a sustainable built environment to support Ireland‘s economic growth trajectory over the next decade and beyond. Our cities and communities need billions of investment in infrastructure under the National Development Plan and we need a plan-led approach to infrastructure, ensuring critical utilities, such as water, are built in advance, to support population growth.
The panel will explore:
The government’s NDP, published in 2021, sets out plans to spend €165bn on vital infrastructure in health, education, transport and housing up to 2030. Recent changes to spending rules could mean the accelerated delivery of many of these projects. Our speakers explore the current state of infrastructure in Ireland, where we are on delivery, capacity constraints in the industry and what the Ireland of 2030 will look like after this investment.
Ireland reached a significant milestone in 2023, as its population exceeded five million people. This demographic shift carries profound implications for the country’s economic landscape, including labour force dynamics and infrastructure. Our economy is also thriving and last year, despite global challenges, it was the fastest growing in Europe, with GDP growth of 12.2%. These dynamics underscore the need for strategic planning and policy initiatives to ensure we can accommodate the growing nation, while fostering sustainable economic prosperity.
In the dynamic landscape of the construction industry, upskilling the current workforce and attracting a new talent pool into the industry holds paramount importance. As technologies evolve and advance, empowering our construction professionals with new skills and knowledge is a strategic necessity. Meanwhile positive initiatives are taking place, from the Government’s Careers in Construction Action Plan to committed efforts by the construction industry to showcase the benefits of working in such a dynamic industry, are aiming to reach the next generation of construction workers. Offsite manufacturing, Modern Methods of Construction (MMC) and digitisation are creating new kinds of roles and setting a pathway for a more diverse workforce with a broader range of career options than ever before.
Topics include:
· promoting pathways into construction
· educating the current and future workforce
· the impact of new techniques and methods on construction education
· ensuring a diverse and inclusive work culture
· futuristic technologies, the impact of AI, the effect of technology on the jobs market
A deep dive session for industry leaders to discuss the advanced technologies, challenges and progress toward reducing the construction industry’s carbon footprint