CEF comments on publication of NI Executive’s draft Investment Strategy
Commenting on the publication today of the NI Executive’s draft Investment Strategy, Construction Employers Federation Managing Director Mark Spence said:
Housing
In addition to the alarmingly high number of jobs lost in the construction sector during the recession, perhaps the most visible aspect of the downturn was the significant drop in both property values and new builds …
There is now a critical need for new homes to be built – from the positive impact this would have on jobs to how new housing underpins both regeneration and economic growth.
With less than 50% of new housing need having been met consistently over the last decade, there is a very urgent need to act and act now – particularly in respect of private housing.
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CEF comments on January Monitoring Round
Commenting on the outcome of the Department of Finance January Monitoring Round that was published this evening, Construction Employers Federation Managing Director Mark Spence said...
Industry calls out impact of loss of red diesel rebate
Four of Northern Irelands leading Trade Bodies for the construction, mineral products and manufacturing sectors are warning that material, manufacturing and construction costs are set to increase from this April. From 1st April 2022, many sectors will lose their entitlement to use ‘red’ diesel and rebated biodiesel across a variety of applications, including manufacturing, construction and mineral products being the industries most affected.
