Oireachtas Joint and Select Committees

Thursday, 18 September 2025

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Committee on Budgetary Oversight

Pre-Budget Engagement

2:00 am

Dr. Conor O'Toole:

We need to think about it in a number of phases. Employment is a major constraint. If we are to, in effect, double our housing output and make all the other investments we want to make, we will need a substantial increase in construction sector employment. Maybe we can get efficiencies in the system. The Central Bank had a report out towards the end of last year highlighting that Ireland does not have enough large construction firms, so there are economies of scale if we could increase the size of firms and maybe bring some large foreign firms in to help.

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