The construction sector in Ireland is set to grow next year to levels not seen since the Celtic Tiger.
The annual construction industry review carried out by AECOM is predicting growth of more than 18% to €32 billion.
However, when inflation is accounted for the volume of homes built will remain behind what it was 15 years ago.
Director of AECOM Ireland, John O’Regan said the increase is due to a number of factors.
"We lost a part of the year (2021) due to government issued lockdowns, for example."
He also pointed to private capital and housing as major growth areas for the industry.
While Mr O'Regan said the trajectory of the construction industry is positive, the number of houses being built is low.
"We are a long way off the Celtic Tiger years in terms of the level of output".