In the first of monthly updates, a snapshot of the area where CEF is representing members and the industry.
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.
The CEF welcomed the opportunity this week to give evidence to the Assembly's Infrastructure Committee on DfI's Review of the 2011 Planning Act.
After engagement with members, the CEF has today submitted its response to the Strategic Investment Board's Call for Evidence on a new Investment Strategy for Northern Ireland.