Gilmore said that the economy is making important progress in creating jobs, particularly by indigenous Irish exporters and in the foreign direct investment sector. But he said that more must be done to boost the domestic economy, putting particular emphasis on the construction industry.
He said: “House building is currently at a level that is well below the long-term demand. We are now building about one third of the number of houses required to meet our needs. Getting residential construction up to what is the normal level of demand could create an extra 12,000 jobs, and Government is now making residential construction a top priority.”
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