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€12 Billion Investment in Infrastructure Development Welcomed

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Ireland: Chambers Ireland’s Transport Users Council has welcomed the commitment by Government to invest in excess of €12 billion in enhancing the accessibility, capacity, sustainability and quality of the transport network in Ireland.

Eugene Finnegan, Transport Users Council Chair said, “This commitment to major infrastructure projects such as Metro North, DART Underground, the major interurban routes between Dublin and the regional cities, and key strategic routes linking Dublin and Cork to Rosslare Port, and linking Galway to Cork is good news.”

“The fact that over 90% of all goods in Ireland are transported by road underlines the importance of an effective road network. Key to this will be maintaining our roads so that the investment does not depreciate prematurely.”

“Infrastructure is a long-term investment that can yield a certain inflation indexed return. As we move into the next phase of Transport 21, additional key strategic decisions and investments must continue to be taken and delivered upon that will benefit all users of our transport networks,” Finnegan concluded.

Source: http://www.chambers.ie/article.php?newsid=678

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