Housing

Construction sector must be future-proofed with ‘better multi annual plans’ - budgetary watchdog

Irish Fiscal Advisory Council warns building of new homes and energy-efficient initiatives could be impacted without proper planning

The government announced a national retrofitting plan in 2022 with a target to retrofit 500,000 home energy upgrades by 2030. Picture: Bloomberg

The government has been told to mitigate against supply constraints in the coming decades as the state ramps up the construction of new homes while also rolling out retrofitting schemes as part of the green transition.

The Irish Fiscal Advisory Council (Ifac) on Thursday said that “better multi-annual plans” around labour supply for the construction sector needed to be implemented in the years ahead to prevent a shortage which could impact both the building of ...