The engineering industry is facing a range of challenges that threaten its competitiveness, including the tax landscape and the “war on talent”, the sector has said ahead of Budget 2023.
Engineering Industries Ireland director Pauline O’Flanagan said: “Irish engineering technology sectors are highly integrated upstream and downstream, which makes them very susceptible to indirect effects that are felt when demand or supply sectors fail. “In short, there are many reasons to believe that Ireland’s engineering and technology industries will need to continue to adapt to volatile times. As we face into Budget 2023, the industry is facing a range of challenges that threaten its competitiveness.