Ireland's construction sector will enter recession next year despite the new programme for government this week pledging a funding blitz for infrastructure and housing, according to the boss of the country's biggest building group, Sisk. "I think, overall in construction, there will be a recession," CEO Steve Bowcott told the Irish Independent. He added that Sisk might not be as badly hit as other construction companies. In 2018 - the last year for which accounts for Sisk's holding company, Sicon, are available - the group recorded revenue of €1.17bn. Sisk is currently working on projects in Ireland including the construction of Fibonacci Square on the site on the former AIB headquarters in Dublin.

Source: Irish Independent June 18, 2020 01:30 UTC