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CAT Finning FC fp ad.indd - Plant & Civil Engineer

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From the desk of:<br />

PJ O'Donnell, President, IMQS<br />

Steering A Path out of<br />

Economic Difficulties<br />

The Irish Mining and Quarrying Society is a society that represents<br />

members from both the mining and quarrying sectors.<br />

PJ O'Donnell, President IMQS<br />

Although it is limited;<br />

government capital<br />

expenditure on ro<strong>ad</strong>s is<br />

going to happen shortly. It<br />

is now expected that work<br />

will commence in January<br />

2013 on both the Newlands<br />

Cross intersection and<br />

also the N11 upgr<strong>ad</strong>e from<br />

Rathnew to Arklow. These<br />

two projects should le<strong>ad</strong> to<br />

an increased local demand<br />

for quarrying products. By<br />

60 <strong>Plant</strong> & <strong>Civil</strong> EnginEER<br />

creating local employment<br />

there should also be some<br />

wider economic benefits.<br />

The IMQS have long been<br />

stating that <strong>ad</strong>ditional<br />

capital expenditure on<br />

large scale infrastructure<br />

projects is the only way<br />

that we will reinvigorate<br />

the quarrying sector and<br />

generally employment<br />

in Ireland. Now that this<br />

is being acknowledged<br />

As president of the IMQS I get to see the<br />

effects of the current economic climate on<br />

the quarrying sector first hand. The sector<br />

is now rolling along the bottom of the<br />

economic cycle. There is no strong reason<br />

for a national recovery in the sector in the<br />

foreseeable future. There is however ways in<br />

which the sector can help itself steer a path.<br />

by the EU there should<br />

be light at the end of the<br />

tunnel. Although we have<br />

not received any detail the<br />

recent summit of EU le<strong>ad</strong>ers<br />

talked about a two prong<br />

approach being necessary<br />

to get Europe out of its<br />

current economic difficulties.<br />

These two prongs are<br />

austerity the prong we have<br />

been feeling like a dagger<br />

in Ireland for going on four<br />

years now and a new one<br />

stimulus packages. There<br />

have been no specifics yet<br />

on what form these stimulus<br />

packages might take,<br />

however it is a well proven<br />

fact that government capital<br />

expenditure on infrastructure<br />

is the quickest way to give<br />

an economy the kick start<br />

Ireland needs right now.<br />

This should le<strong>ad</strong> to many<br />

more local recoveries like the<br />

two ro<strong>ad</strong> projects mentioned<br />

above and some level of<br />

much needed recovery<br />

in the quarrying sector.<br />

In Ireland we can learn<br />

a lot from our Northern<br />

neighbours. The Northern<br />

Ireland quarrying sector<br />

has always been export<br />

focused to a much stronger<br />

degree than we down south.<br />

In a time when national<br />

demand is weak this is the<br />

area to focus on. In order<br />

to pursue this strategy we<br />

must concentrate on value<br />

<strong>ad</strong>ded products, as the cost<br />

of transport of more base<br />

outputs leaves us in an<br />

uncompetitive situation.<br />

I am delighted to see that<br />

Kilsaran International is<br />

expanding their sale of<br />

paving and dry products into<br />

Britain. I understand that<br />

they are taking on a local full<br />

time sales team to drive this<br />

business for them. This is<br />

an example of the potential<br />

export business that I am<br />

writing about. We need more<br />

Irish quarrying companies<br />

to develop and export value<br />

<strong>ad</strong>ded products in order<br />

to stimulate the sector.<br />

PJ O'Donnell 1pg.<strong>indd</strong> 60 18/07/2012 14:59

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