Much more capital investment needed in South East says IBEC
Published 24/09/2016 | 00:00
Ibec, the group that represents Irish business, met with South East TDs last week to discuss the impact of Brexit, key investment and planning priorities for the South East along with measures needed in the budget to support business in the region.
Ibec South East Regional Director John Farrell said: 'Meeting with TDs in Waterford gives the business community a great platform to outline the needs of businesses in the region.
'The Ibec South East Regional Executive Committee has consistently said that successful businesses are central to the region's economic prospects and the creation of a truly dynamic, diverse economy. However, a thriving business community is directly linked to a strong infrastructure network. The committee believes that investment in infrastructure is the key to unlocking the great potential of the South East region.'
'The National Planning Framework must deliver a networked approach to planning in the South East which can bring about a coordinated investment and planning strategy to build on the individual strengths and opportunities of each of the region's urban and rural areas. This will require a much more joined-up approach from national and local government than seen in the past,' said Mr Farrell. 'The level of capital investment allocated to the region needs to be substantially increased in the mid-term review of the capital investment plan. The short-term investment needs of the region include the N25 New Ross bypass, the N11 Gorey to Enniscorthy, the N24 Waterford to Limerick, the N25 Waterford to Cork as well as investment in teaching and research infrastructure.