HomeBussinessUisce Éireann says €500m extra needed on an annual basis as construction...

Uisce Éireann says €500m extra needed on an annual basis as construction costs of projects jump

Date:

Related stories

Vacancies in Irish jobs market remain steady

Ireland’s employment market showed more positive signs in the...

Number of Irish job vacancies stabilised in second quarter

This was the first time quarterly vacancies have not...

Dermot Kennedy concerts help boost Thomond Park revenues to €1.56m

The stadium hosted three Dermot Kennedy gigs last July...
spot_imgspot_img

Delay in water and sewerage works threaten the delivery of housing targets

Without sufficient water-treatment infrastructure, new houses won’t be built. Photo: Getty

Uisce Éireann – previously known as Irish Water – has confirmed that it has been forced to seek more money from the Government to build essential new water projects, because of the massive inflation in construction costs.

Industry sources claimed that the water utility needs up to €500m a year on top of its €1bn-plus annual capital budget if it is to keep pace with the huge demand for water and sewerage services from new housing and from industry.

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img