Projects worth €1.3bn in Cork this year alone

Projects worth €1.3bn in Cork this year alone

The new Páirc Uí Chaoimh is taking shape the new North stand complete, (bottom) and the South stand half roofed. Pictured from Lovers Walk, t Behind it are Ballintemple and Beamount, and beyond them is Maryborough Hill, Douglas. Picture: Eddie O’Hare

ALMOST €1.3bn worth of major construction projects are to be started on-site or completed in Cork in 2017.

Construction Information Services (CIS) revealed the figures in their 'Construction Opportunities 2017' report.

Nationally almost €19bn worth of projects will be finished or undertaken with a number of significant developments set for Cork.

In total, 46 projects are set for Cork in the civil, commercial, community and sport, education, residential, industrial and medical sectors.

Among the biggest projects are the upgrade of the N22 from Cork city to Tralee, which will include bypasses for Macroom, Ballyvourney and Ballymakeera.

The cost of the project is estimated at €160m.

The €78m redevelopment of Páirc Uí Chaoimh is set to be completed in late 2017 while the €53m building of Cork Event and Convention Centre at the Brewery Quarter is set to gather pace.

It is expected a contractor will be appointed in the next month to the €64 million six-floor extension of the Bon Secours Hospital on College Road.

Work on a €160m energy facility in Ringaskiddy is expected to commence this year while the re-development of Ringaskiddy Port is also expected to start.

Also included in the report are the Skibbereen Flood Relief Scheme, the Cork City Flood Defence Scheme, a €64m wind farm development in Ballyhoura and the building of a new Radiation Oncology Centre at Cork University Hospital 519 projects are contained in the CIS report across the country totaling an approximate value of €19bn.

Managing Director of CIS, Tom Moloney said the outlook for the construction industry in 2017 was very positive:

“With positive growth continuing strongly in the industry as illustrated in the most recent report, and the volume and value of opportunities available steadily increasing, there has never been a better time to expand your business pipeline with prospective contracts.” 

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