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Construction Industry Federation say rising build costs must not pause infrastructural development

RedFM News
RedFM News

11:57 3 Jun 2022


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Rising build costs must not lead to a pause in the country's infrastructural development.

That's according to the Construction Industry Federation which was reacting to the news that some builders face going bust if they deliver projects they tendered for over 12 months ago.

The CIF says Brexit, the Covid 19 pandemic and the war in Ukraine have all had a significant impact on supply chains for materials in the construction sector which has led to huge cost hikes.

However, the Federation says we cannot allow these obstacles to lead us to repeating mistakes of the past where there was insufficient investment in infrastructure over a long period of time.

Speaking to RedFM News, Conor O'Connell of the CIF says infrastructure needs to be delivered for our growing population:

"Some of the most serious issues that this country faces, from gridlock to housing, to schools and hospitals, are a result of a failure to invest sufficiently in infrastructure over a prolonged period of time, due to many different factors caused by the last economic crash. We now need to deliver our infrastructure for our growing population and our growing employment base."


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