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10/03/2009
Construction Bosses Urge Government To Inject Money Into The Sector
The Construction Industry Federation is asking the Government fresh cash injection into the sector.
The move comes following plummeting employment rates in construction, and the CIF are seeking to secure jobs and create more revenue.
Construction companies met today to come up with a plan to restart the stalled sector and ensure that the 190,000 people currently employed in the industry keep their jobs.
They said that for every €100million that is invested in the industry, 1,000 jobs are guaranteed and €50million in revenue will go to the exchequer.
They have appealed to the Government to include a First Time Buyers’ grant in the upcoming mini-budget in a bid to breathe life into the stalled property market.
(DW/BMcC)
The move comes following plummeting employment rates in construction, and the CIF are seeking to secure jobs and create more revenue.
Construction companies met today to come up with a plan to restart the stalled sector and ensure that the 190,000 people currently employed in the industry keep their jobs.
They said that for every €100million that is invested in the industry, 1,000 jobs are guaranteed and €50million in revenue will go to the exchequer.
They have appealed to the Government to include a First Time Buyers’ grant in the upcoming mini-budget in a bid to breathe life into the stalled property market.
(DW/BMcC)
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