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EIB Investment is a Welcome Support but Greater Levels of Capital Investment a Priority

24/1/2017

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Press Statement
24 January 2017
 
EIB Investment is a Welcome Support but Greater Levels of Capital Investment a Priority
 
The European Investment Bank (EIB) today (24 January 2017) confirmed investment of €825 million in Ireland in 2016.
 
Commenting on the announcement, Ian Talbot, Chief Executive Chambers Ireland said, "We welcome the significant level of investment in Ireland in 2016 and the ongoing support the EIB provides for crucial long-term infrastructure projects across the country. Ireland requires significant capital investment in the coming years in order to develop the infrastructure our economy so badly needs to ensure continued and sustainable long-term growth. The European Investment Bank's continued financial support for these projects is a reaffirmation of the enormous value of our membership of the European Union.
 
This €825 million is an important contribution which will help to deliver key infrastructure projects but Government must also prioritise further investment, of even greater levels, to meet the demands of our growing economy. If we are to continue to grow our economy in the years ahead, especially 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. "
-Ends-

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County Tipperary Chamber of commerce

Questum Acceleration Centre,
Ballingarranne Science & Technology Park, Clonmel, Co. Tipperary,
E91 V329

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Clonmel Chamber Of Commerce CLG t/a County Tipperary Chamber Of Commerce - Registered business-110743
​REGISTERED BUSINESS ADDRESS: Questum Acceleration Centre, Clonmel, Co. Tipperary, E91 V329
Copyright © 2016 - County Tipperary Chamber
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  • Home
  • Who We Are
    • Meet Our Team
    • History
    • Meet Our Board
    • Our Mission Statement
    • About Tipperary
    • Contact
  • International Trade
    • Brexit and Certs of Origin- Chamber Update
  • Chamber Member Directory
    • Testimonials
    • Job Listings
  • Upcoming Events
    • Chamber Networking Event
    • St Patrick Day 2023
    • Sustainability
    • County Tipperary Skillnet Courses
    • News >
      • Blog
      • Chamber Newsletter
      • Gallery
      • Chamber Video
  • County Tipperary Chamber Business Awards 2022
    • County Tipperary Chamber Business Awards Tickets Portal
    • Social Enterprise of the Year Award
    • CSR Community Impact Award
    • Workplace Wellbeing, Diversity & Inclusion Award
    • Employer of the Year Distinction In Upskilling. Attracting Talent & Retention
    • Startup of the Year Award
    • Energy Management Leadership Award
    • Agribusiness of the Year Award
    • Digital Transformation Award: Wholesale, Retail, Transport
    • The President's Award
    • Innovation Award
    • Industry 4.0 (Smart Manufacturing) Award
    • Outstanding Customer Experience Award