Big engineering companies waiting for reassurance from Budget 2026 on infrastructure boom

International infrastructure firms have acquired several Irish engineering consultancies, anticipating a surge in water, energy, and transport projects. However, these firms are awaiting confirmation in Budget 2026 that the Irish Government will follow through on its infrastructure spending promises before committing significant resources. Currently, many have only small teams in Ireland and are hesitant to expand without a clear, sustained project pipeline.

The construction sector is urging the Government to frontload spending, but the Department of Public Expenditure prefers a gradual approach to avoid inflation. Industry experts, including Aidan, note growing interest from global players, especially following planning approval for the MetroLink project. Yet, concerns remain about delays and uncertainty, which could lead to a redeployment of Irish-based resources abroad.

Some international infrastructure firms are exploring initial projects in Ireland but are hesitant to commit long-term without a clear pipeline. The high cost of entering the market for short-term work makes sustained investment more appealing. Without consistent opportunities, firms may choose to leave rather than build a lasting presence.

The Budget is seen as a critical moment to reassure investors and signal Ireland’s commitment to infrastructure development. Without it, Ireland risks losing both talent and investment.