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Ireland Sewage & Drainage Infrastructure Industry Analysis
Sure, here's an in-depth analysis of the Sewerage & Drainage Infrastructure industry in Ireland:
The Sewerage & Drainage Infrastructure industry in Ireland has seen significant growth in recent years due to increased investment in infrastructure development. The industry is responsible for designing, constructing, and maintaining the country's sewage treatment plants, drainage systems, and related infrastructure.
Current Scenario:
In Ireland, the wastewater treatment system is operated by Irish Water, a semi-state company that is responsible for the provision of water and wastewater services throughout the country. According to their latest annual report, Irish Water operates over 1,000 wastewater treatment plants and 12,000 km of sewer pipes. In 2020, Irish Water invested ?420 million in the water and wastewater network, including ?56 million in the Greater Dublin Area alone.
Construction of new projects:
Irish Water has plans to invest ?2 billion in the period 2021-2027 to improve the wastewater treatment system across the country. As part of this plan, Irish Water will upgrade 9 wastewater treatment plants and construct 6 new plants to increase the capacity of the system. The new plants will be located in Dublin, Cork, Limerick, and Galway.
Major drivers:
One of the major drivers of growth in the Sewerage & Drainage Infrastructure industry in Ireland is population growth. With a population of over 4.9 million people, the demand for water and wastewater services is expected to continue to increase. In addition, increased urbanization, industrialization, and tourism are also driving the demand for infrastructure development.
Industry outlook:
The Sewerage & Drainage Infrastructure industry in Ireland is expected to continue to grow in the coming years, driven by increased investment in infrastructure development. Irish Water's investment plan for 2021-2027 will provide significant opportunities for contractors and service providers in the industry. The increasing focus on environmental sustainability and the circular economy is also expected to drive innovation and investment in new technologies and processes.
In conclusion, the Sewerage & Drainage Infrastructure industry in Ireland is poised for continued growth, driven by population growth, urbanization, and increased investment in infrastructure development. Irish Water's investment plan for 2021-2027 provides significant opportunities for contractors and service providers in the industry.
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