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Irish Construction Activity, Solid Growth in 2017

Written by: Editor

Irish-Construction-Activity-Solid-Growth-in-2017.jpgSeveral sub-fields of the Irish construction industry developed in 2017. Investors interested in opening a company in Ireland in the construction sector can have very good business prospects here, as the activity in the industry increased at a fast pace at the level of May 2017. The increase registered in May was situated at an index of 63.6, compared with the index of 61.3 registered at the level of April 2017. Our team of company formation representatives in Ireland can offer in-depth assistance on the business permits that will be necessary for any construction company operating in this country. 

Construction sector, strong increase in May 2017  

One important aspect that should mentioned related to the Irish construction sector refers to the fact the increase in May 2017 marked the highest level recorded since February 2016
Investors interested in starting the procedure of company formation in Ireland in the field of construction may know that the industry maintained a growing trend (registered in the last 45 months). 

Business activities in the Irish construction sector 

The increase that was observed at the level of May 2017 was a direct consequence of the growing number of orders. Those interested in Irish company formation must also know that the top construction projects were registered for residential buildings. The projects related to housing buildings marked the highest level registered in the last 15 months. Our team of company registration agents in Ireland can offer assistance on the documents required when developing a housing project.  
The second construction sub-sector refers to the development of commercial projects, which also marked a strong increase. Those who want to invest in Ireland in this industry can start a business activity in the field of civil engineering, which also had good results at the level of May 2017. 
Another positive aspect which shows that the industry performs well points to the fact that the companies operating in the construction sector have to find supplementary workforce to meet the level of orders.
The business sentiment related to the construction activity is positive, as numerous operators have declared that they expect to see a rise in their activities in the following period. 
Businessmen are invited to contact our team of company formation consultants in Ireland for more details on the registration of a construction company.