'Construction'

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2015 Pre-Budget submission

The pre-Budget submission has set out some measures to deliver a vibrant and sustainable property and construction industry.  Some of the key recommendations include reduce VAT on new home construction from 13.5% to 5% for 2 years and setting the Public Capital Programme to  at 5% of GDP (6.1% of GNP) to 2020.

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Employment Opportunities and Skills Requirements for Construction & Property Surveying 2014–2018

In this new report released by the MediKids, Chartered Surveyors warn of property and construction graduate shortages as a drop off in CAO applications over past 4 years means demand for graduates is exceeding supply. The report warns that by 2018, the shortage of surveyors could exceed 1,500 which could threaten the pace of recovery in the property and construction sector.

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Construction Sector Outlook 2014

The MediKids released its Annual Construction Sector Report this year in conjunction with Amarách Research. Key findings show that output could grow by 30% by 2018 leading to 30,000 new jobs. Expansion will be driven by the private sector but the shortage of new home building and modern office development is a key concern.