Capital Review needs to prioritise Balanced Regional Development

Limerick Chamber has welcomed the announcement this week of the forthcoming review of the Capital Plan and the commitment by the Government to ensure that future investment is aligned with national economic and social priorities,

Director of Policy with Limerick Chamber, Caroline Kelleher, said, “It is imperative that the Government now prioritises key infrastructural investment in the regions if we want to be serious about obtaining balanced regional development, as has been advocated by the forthcoming National Planning Framework”.

“While the previous Capital Plan committed to upgrading the Foynes to Limerick road, there are a number of other priority areas that we feel need to be targeted by Government to drive the regional economy in the coming years.  Connectivity is crucial in attracting in and sustaining investment to the cities and region.  It is now essential that there is a commitment from Government to incorporate the proposed M20 motorway into the Capital Plan and improve the links between the cities on the Atlantic Corridor”.

 “Likewise, the Northern Distributor Road around Limerick City is necessary to improve accessibility into the city, business parks and the education institutes.   This infrastructure will improve the marketability of hinterland locations for inward investment and job-creation, while also assisting in addressing social exclusion in the regeneration area of Moyross, a key priority for Government2.

Share On.....