Construction Projects at On-Site Stage in the Republic of Ireland
The volume of projects On-Site was down 5% on the first half (H1) of 2017 (Fig.1). A majority of sectors have experienced a drop off in activity with the exception of Residential, Community & Sport and Industrial. Just over 1,280 projects moved On-Site in H1 2018. Residential is by far the biggest sector in volume terms with 320 projects commencing in this period. In a continuing trend from Q1 2018, Education is still the sector with the biggest decline. Only 113 projects commenced, down 305 on the same period last year.
On a regional basis, Leinster and Ulster ROI have shown positive growth in volume terms for the period, with Ulster ROI up 10% on the corresponding period last year.
Munster is down 15% and Dublin is now 16% below the levels of the same period last year with 358 projects On- Site in the first 6 months of 2018.
The value of projects On-Site is up 7% on the same period in 2017, with almost €4 billion worth of projects commencing in the first six months of 2018. Almost €1.3 billion worth of housing projects alone have begun, up from just under €1 billion in H1 2017.