The Director of the Construction Industry Federation in the Midlands and West says he doesn’t believe the government has thought out the long term implications of the 10% concrete levy.
Justin Molloy was commenting on the surprise announcement of the levy to meet the costs of the mica redress scheme during yesterday’s budget.
The levy is due to come in next April on pouring concrete, as well as concrete blocks.
It’s not yet know if the levy will apply to precast products, and if it does, then Irish companies who export pieces for bridges and tunnels could be put at a competitive disadvantage.
Speaking on the Let's Talk show this week the CIF Director says the sector can’t afford to absorb the costs of all the recent rises and this will impact negative on house building.