The Irish construction industry has halved in size and this happened when the global recession took hold nearly 10 years ago. The sector is somewhat recovering and those who work in industrial jobs and even engineering jobs will know this more than anyone. The output of the sector is standing at around 38 billion Euros and this is a staggering amount to say the least. The figures were described as being very bleak when you look at the annual report and they also found that the Irish economy really suffered as a result. When you look at the year 2012, you will soon find that the Irish market bottomed out and that the construction activity reached an all time low as well. The sector's annual output has lost 75% of its value in the last 5 years and this is not good news to say the least.

There is however a new project in the works and it is being brought about by Project Ireland. They have a 20-year pipeline and they also have hundreds and billions of Euros and this includes 116bn of investment infrastructures for 550,000 homes. They also have 2 billion Euros which is going to be put towards regenerating the five major cities and they are even planning a second runway for the major airports in Dublin. This is amazing news to say the least and you would be surprised at how much this can make a difference to the economy. That being said, this is planned for years ahead and right now the sector is recovering nicely. If things carry on going the way that they are then there is no telling what other progress can be made and this could mean that Ireland really is the land of opportunity.