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25 Jun, 2020 2 min read

Construction Sector Group – Building Innovation Report

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Last week, the Minister for Finance and Public Expenditure and Reform, Paschal Donohoe welcomed a new report on trends in the Irish construction sector, including the initial impacts of COVID-19 on the industry.

The report follows the recent publication of an ‘Economic Analysis of Productivity in the Irish Construction Sector’ which was prepared by Future Analytics Consulting in coordination with KPMG and peer reviewed by TU Dublin.

The ‘Building Innovation’ report provides an overview of trends in the Irish construction sector, including the initial impacts of COVID-19, and identifies a number of high impact actions to be undertaken in order to increase innovation and output in the sector in order to deliver the economic and social infrastructure which this country needs. These high impact actions are heavily based on the detailed programme of recommendations and actions identified in the FAC and KPMG led study. As set out within ‘Building Innovation’ – ‘Increasing innovation in the Irish construction sector will be more necessary than ever over the coming years. To confront these challenges and make the most of the opportunities that do exist, the Construction Sector Group has overseen the development of a new action plan for innovation in the industry. This work has been informed by research carried out by KPMG and Future Analytic Consulting and peer reviewed by Technological University Dublin. The work drew upon a wide-ranging survey and consultation, international benchmarking process and an economic analysis of causes of productivity trends in the construction sector in Ireland’.

FAC is pleased to have led the extensive consultation process which informed the development of the recommendations and actions to guide the sector to enhanced levels of productivity over the coming years. For more information on the research, strategy development and consultation expertise of FAC please contact William.Hynes@futureanalytics.ie

 

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FAC is a leading Chartered Town Planning, Development and Socio-economic Analytics Consultancy based in Dublin with an extensive project portfolio throughout Ireland. FAC has extensive experience in town and village renewal, town and village health checks, and settlement profiling.