Irish engineers see recovery by 2011

 

Nearly 40pc of engineers think the Irish economy will recover by 2011, according to research carried out by Ipsos MRBI.

If the Government tackles infrastructural challenges across areas such as water, roads, broadband and the national grid, it could well bring Ireland's recession to an end faster and get growth going sooner, according to John Power, Director General of Engineers Ireland.

Speaking at the launch of Engineers Week 2010 by An Taoiseach Brian Cowen, Mr Power said that, while it was clear the Government was stretched financially, Ireland's infrastructure had to be improved to fully prosper when the globally economy improved. "It is encouraging to see such positive sentiment in the engineering industry regarding Ireland's future.

"The Ipsos MRBI findings also indicate that nearly 50pc of engineering firms surveyed felt they could keep staff levels at the same level in 2010 - again very positive when compared to the job losses in other sectors. But there is still an acute infrastructure deficit in Ireland. I can not over-emphasise the fact that it is vital that we invest heavily in infrastructure to fully prosper from the global economic upturn.

"As well as addressing this infrastructure deficit, the investment will also provide employment. If this does not happen, critical skills and expertise will be lost with more jobs losses. We fully understand the financial constraints within which the Taoiseach and Government must operate. But it's about directing funds to where maximum return is provided for Ireland - such as across water, roads, broadband and the national grid."

Mr Power also said that Ireland has a great opportunity to differentiate itself from other countries by totally committing to a framework of quality and standards.

"The total failure in the financial and banking sectors over the last two years has, in effect, given us a blank canvass and platform to utterly re-shape our economic model in this respect.

"Engineering has a critical role to play here in terms of how it behaves as an industry and is already taking a lead with regard to ensuring the highest standards are adhered to. This is happening through our drive to introduce regulation of the profession to ensure the highest quality of engineering standards as well as across our Continuing Professional Development schemes which ensure that qualified engineers keep pace with developments in their chosen field.

"However, we have over 200 companies who would love to benefit from CPD, but we can't reach them because of a lack of funds."