The Budget will set the foundations for a recovery in the construction sector and will lead to thousands of jobs being created, according to the Construction Industry Federation (CIF).
The Government announced several measures aimed at boosting the construction sector and removing some of the unemployed construction workers from the Live Register.
Among the measures announced for the construction sector were:
• A stimulus package of €200m for capital projects from the lottery license funding including road maintenance, sports capital grants and an international training arena, an events' centre for Cork, housing adaptation grants and other measures
• €30m for State house building programme
• €10m for unfinished housing estate initiatives
• Further round of capital investments to be announced next year
• Home renovation tax incentive scheme
• An extension of the Living City initiative to Cork, Galway, Kilkenny and Dublin and will extend it to all buildings built before 1915
• Extending capital gains tax incentives to end of 2014
• Extending REIT investments
• NAMA may extend additional working capital to the construction sector. This will include the creation of housing and commercial office space in Dublin.
• Measures to curtail the shadow economy
• Start your own business initiative.
At present, the construction sector accounts for one in four of the people on the dole. According to the Government's own figures, since the downturn began, 60% of the jobs lost have been construction related.
Speaking about the Budget, the CIF believes the measures announced will offer hope to construction workers and construction companies around the country.
"Our main argument to the Government has been that the construction sector offers the best opportunity to create a lot of jobs quickly," said CIF Director General Tom Parlon. "The Government has been taking that point on board and they have proven that today by bringing forward a number of measures which will boost our industry and through what Minister Noonan had to say in his Budget speech.
"Our sector is on the verge of a recovery and this will help accelerate that process. We've already seen that construction employment jumped by 6,400 between Q1 and Q2 of this year. I would expect to see further growth with thousands of construction jobs being created on the back of the steps taken by the Government today. We will also see further activity for the many construction companies who have been able to keep going through this difficult period for our industry.
"The Government deserves credit for bringing forward these measures and for realising the importance of encouraging growth in the construction sector. Our sector wants to play its part in the recovery of the economy. The initiatives in the Budget will help us to start making a larger, sustainable contribution to this country's economic growth."
Time and date
A planning application is to be submitted to upgrade the water treatment plant at Glenties-Ardara in Donegal. The proposed works include the construction of a new treatment building to house the processes of air-stripping, ultraviolet treatment and chlorine disinfection. The purpose of installing a
NI Water is seeking 12 apprentices to be part of delivering high quality drinking water by working in the Water Function. Brian McCalmont, Head of Water, said: "Successful trainees will undertake a water industry focused qualification with practical skills gained from working within the water funct
Over £4.7 million is being invested to improve and enhance Enniskillen town centre in Co Fermanagh. The multi-million pound project is being funded by the Department for Communities, with a further £500,000 being provided by Fermanagh and Omagh District Council. Improvement works include paving,
A farmer from Co Tyrone has been fined for connecting a public water main without consent. Mr James Byrne from Castlederg, Co Tyrone, pleaded guilty at Strabane Court to an offence under the Water and Sewerage Services (NI) Order 2006. He was fined £250 with an offender's levy fee of £15. Mr Byr
A total of £3.7 million is to be invested to improve developments and streets in Lisburn, Northern Ireland. The scheme aims to improve the linkages and connectivity between key developments including Castle Gardens, Market Square and Bow Street Mall. Features include upgrading the footpaths, lighti
Sinn Féin is calling for a "selection scheme" to be established to deal with the housing issue in Northern Ireland. Fra McCann MLA said a new approach is needed to address all housing matters. He said: "We must focus on equality for all sections of our community and the distribution of resources t
The Simon Community have been praised for their work supporting the homeless people in Northern Ireland. Last year 18,628 people presented as homeless to the Housing Executive in NI and recent statistics for Causeway Coast & Glens council area for 2014/2015 showed 1,124 presented as homeless. Sinn
Termination notices for residents living in The Strand apartments in Dublin have been withdrawn. The owners of the apartments involved are writing to residents affected by the recent termination notices to confirm they have been withdrawn and that they will abide by the spirit of the so-called Tyrr
Improvement works at the Enfield Wastewater Treatment Plant in Co Meath have been completed. Irish Water invested €50,000 to improve the quality of the treated discharges that are returned to the Blackwater River. The investment in the plant will help to ensure it is compliant with EU Urban Wastew
Translink has acquired the Old Waterside Station in Co L'Derry to develop the North-West Integrated Transport Hub. The preferred site for the Hub was identified last year following a public consultation. Translink Group Chief Executive Chris Conway said: "We are committed to making public transpor