Oireachtas Joint and Select Committees
Tuesday, 8 July 2025
Committee on Budgetary Oversight
Engagement with the Central Bank of Ireland
2:00 am
Dr. Martin O'Brien:
It would certainly have the potential to do so. With small-scale projects, it is difficult for construction firms to invest in the necessary skills and technology needed to improve productivity at a firm level. The larger the scale, the better. It is also about trying to align where the demand could be closer to the highest population density centres, etc. All these things could be considered to think about ways and means of incentivising greater productivity and supporting the sector to meet the levels of housing we need.