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NEWS
Industrial continues to demonstrate strong into the coming year. Government
There were positive indicators growth potential with major chains policy in the forms of funding and
of growth and expansion in the such as Pfizer and MSD planning regulation can hopefully help mitigate
Industrial sector in 2021. Construction expansions to their existing facilities in the economic challenges in this sector
of warehousing units, data centres, Ireland. Following Germany, Ireland in 2022. Cost competitiveness is an
pharmaceutical campuses, and is the second-highest exporter of overruling factor affecting the success
innovation hubs continue to play an medical devices in Europe with of construction within the industrial
important role in the Irish economy many of the leading medical device sector, with lack of finance being
by providing skilled employment companies based here. the main hindrance for companies
opportunities and construction jobs. With data consumption and the and developers. The inflation of
Despite the inflation of construction demand for smart technology at construction supplies, transportation of
supplies and distribution costs caused an all-time high, the continued goods, energy, taxes and property all
by Brexit measures, the industrial development of data centres is play a heavy hand in the expansion
sector is thriving, with a steady critical to the economic success of warehousing, offices and research
increase in planning activity. of our country. In 2021, global tech facilities.
For the year ahead, Ireland’s ability to giants such as Apple, Amazon, and Civil/Utilities/Transport
adapt and respond to globalisation EdgeConnex have all submitted The Civil and Transport Sector
is a determining factor for the new planning applications for data continue to perform strongly with
growth and continued success of centres across Ireland, presenting a many infrastructural schemes
this sector. The Irish government promising future, further positioning continuing to move forward. The
continues to support Startups and Ireland as a hub for global Data continued alignment of capital
SME’s by providing business grants Centre excellence. Data centre investment plans is essential for not
and options in the area of upskilling. players such as Amazon, Facebook, only the development of physical
Advancements in the areas of Intel, Cyrus One and Echelon infrastructure but also socio-economic
engineering, electronics, software, continue to make their mark with growth benefiting businesses and
robotics will help Irish manufacturers growing campuses. Given the current communities across Ireland. This year
and businesses to not only continue scarcity of energy supplies and brought around the review of key
their success domestically but also the strain on the national grid, the initiatives such as Project Ireland 2040
compete in the global market. continued investment in renewable and the Greater Dublin Area Transport
It is noted that there has been energy should be outlined in the Strategy 2022-2042 programme which
considerable movement in planning preplanning and pre-construction assess government efforts to date
tech hubs and collaborative co- stages of data centre development. and future plans to accommodate
working areas which should help Construction within the industrial Ireland’s growth.
remote working businesses. sector is expected to be challenged However, despite remarkable
The production of medical with cost-effectiveness, Covid 19, progress on several schemes such
technologies and pharmaceuticals Brexit and bottleneck chain supply as Busconnects, Luas Cross city
and DART+, plans for the Metrolink
is to face further delays and is
now expected to be completed
in 2034. The connection of a high-
velocity transport system from Dublin
Airport to the City Centre would be
transformative for Dublin’s tourism
and global accessibility. The ongoing
enhancement of rail Services, road
infrastructure, port expansions and
airports are of vital importance
2022 Project to watch
out for...
€600m - N6 Galway City Outer
Bypass Scheme, Galway
Stage: Plans Granted
14 modern builder - issue 99 www.modernbuilder.co.uk
