Commenting on today’s (31 January 2017) announcement by Minister Donohoe and Minister Noonan of the Capital Plan Review, Ian Talbot, Chief Executive of Chambers Ireland said, “We welcome today’s announcement of the process for review of the Capital Plan in 2017 and the commitment to prioritise investment in infrastructure that will support Ireland’s sustainable economic development. Ireland’s infrastructure stock will require significant investment in the coming years to enable future economic growth.”
“As our economy and population continues to grow, there will be increased pressure on our existing infrastructure, which has also suffered badly from under investment over recent years. If we are to meet the demands of our growing economy then Ireland urgently needs significant increases in capital investment. This is particularly the case, if we aspire to attract additional foreign direct investment from
multi-nationals who may wish to leave the UK following their EU exit, we must also ensure that our infrastructure can meet the additional demands this growth will create.”
“The review of the Capital Plan provides a welcome opportunity for Government to prioritise the most strategically important infrastructure projects that can deliver long-term sustainable economic growth.”
David Shanahan, Acting CEO of County Tipperary Chamber adds:
"It is imperative that the suspended N24 upgrade scheme incorporating new roads from Pallasgreen to Cahir, Cahir to Clonmel, the Clonmel Western Corridor, and Carrick-on-Suir Bypass , be financed by the Government as soon as possible.
If hard brexit does happen, the trade to and from continental Europe, via Rosslare, negotiating it's way though Tipperary to Limerick and the West, will most likely increase putting severe strain on already busy roads"
More information at
Chamber News & Events
Read some of our past events and posts,