Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Professor Philip Lane:

What we had before was a situation where the construction industry was quite fragmented and we had lots of small builders but there has to be some mix . It is a fact that we now have some larger operators coming in. This market requires ongoing monitoring in terms of market dynamics. Recreating an industry that excessively depends on small firms is probably not the future for the construction industry.

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