Tuesday 25 February 2020

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Cork Independent

Business & Professional

Ibec call for infrastructure in Cork to be delivered

Wednesday, 29th January, 2020 4:01pm

According to ibec, in Cork at least, it’s all about the infrastructure stupid!

As the election campaign gathers speed, the business lobby group has this week called on the next government to deliver quality infrastructure in the region, adding that public infrastructure and services need investment to grow proportionally with the rapid rise in private sector investment and employment.

Ibec Cork Regional President Sean Moran said: “We are hearing a consistent message from business across Cork which see investment in public infrastructure and services as key to remaining competitive and easing the problems evident in housing, education, transport and health.”

“Cork is growing at pace and needs critical infrastructure to support that growth and enhance regional connectivity and competitiveness, which are vital to a thriving regional economy. The lack of quality infrastructure is having a direct effect on expansion plans, business productivity, the quality of life of employees and ability of companies to attract and retain talent,” he said.

He also said that overhauling the planning system is necessary to ensure that projects don’t get bogged down in lengthy delays. He added that delays to key infrastructure projects result in significant costs and pose a threat to economic growth and competitiveness.

“Ambitious growth targets were identified for Cork in Project Ireland 2040. However, unless we deliver the infrastructure, the region will continue to develop at a slower pace. If we want to continue to attract investment and jobs and grow the regional economy as planned, infrastructure investment and its timely delivery must be a priority.”

Mr Moran added: “We are calling on all election candidates to publicly get behind the need for quality infrastructure in Cork and shape the future direction of the region. We must harness the rewards of economic success over recent years to make real and meaningful improvements to the quality of everyday life for people.

“Ensuring that we match record private investment with a renewed and expanded public infrastructure will be the defining challenge of the coming years. It will be up to the next government to make this happen.”

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