This blogger notes in the current issue of the highly informative Construction and Property News that Tom Parlon of the Construction Industry Federation (CIF)http://www.cif.ie/asp/section.asp?s=1 is in agreement with my last blog.
He states that the National Roads Authority (NRA) http://www.nra.ie/ began constructing 216km of roadway in 2007 and 169km in 2008. The scary fact is that for 2009 this figure will have plummeted to 5.5km or 5,500 meters that's a massive 97% aggregate drop.
Its interesting that Mr.Parlon cannot or doesn't issue some concise factual figures and do a comparison vis a vis the money pushed into banks similar to my calculations. The reason behind this is perhaps that the money to shore up the banks is due to the outstanding debts owed to them by the very developers that Mr.Parlon and the CIF have been backing.
Having attended a recent excellent lecture given by Hank Fogarty (former president of the CIF) where Mr.Fogarty stated and suggested that the Country needs a Minister for Construction and where I would be in agreement with this to a certain degree. One would, however, be inclined to perhaps have a Minister for Infrastructure rather that Minister for Construction.
Some TD appointed and a whole department in charge of Public Procurement and the needs and requirements of the Public Sector Engineering and Building Contractors to ensure that there is enough supply of work to at the very least keep established companies afloat.
He states that the National Roads Authority (NRA) http://www.nra.ie/ began constructing 216km of roadway in 2007 and 169km in 2008. The scary fact is that for 2009 this figure will have plummeted to 5.5km or 5,500 meters that's a massive 97% aggregate drop.
Its interesting that Mr.Parlon cannot or doesn't issue some concise factual figures and do a comparison vis a vis the money pushed into banks similar to my calculations. The reason behind this is perhaps that the money to shore up the banks is due to the outstanding debts owed to them by the very developers that Mr.Parlon and the CIF have been backing.
Having attended a recent excellent lecture given by Hank Fogarty (former president of the CIF) where Mr.Fogarty stated and suggested that the Country needs a Minister for Construction and where I would be in agreement with this to a certain degree. One would, however, be inclined to perhaps have a Minister for Infrastructure rather that Minister for Construction.
Some TD appointed and a whole department in charge of Public Procurement and the needs and requirements of the Public Sector Engineering and Building Contractors to ensure that there is enough supply of work to at the very least keep established companies afloat.
No comments:
Post a Comment