Breaking news: The Irish Government has outlined its Capital Development Plan for 2016.
Taoiseach, Enda Kenny and Tánaiste, Joan Burton, announced the plan this afternoon at Heuston station. The Plan is designed to provide a route to economic recovery through investment in infrastructure, covering the government spend up to 2022. Investment is key, with schools, health, transport, connectivity and Garda the big winners.
One of the major projects is a new rail link from Dublin city centre to the airport, the Metro North Line. It will run between Dublin city centre and Swords, via Ballymun and Dublin Airport. Part of the roads programme, the new link will help make up some €6Bn of investment, with €4.4bn earmarked for essential maintenance.
Energy efficiency will be targeted with a €444M spend, while some €1bn is to be spent on flood relief programmes.
Already announced prior to today is some €450m investment in state nursing homes, which will be spent bringing them up to standard, a Children’s hospital and the construction of more primary care centres.
Some €3.8Bn has already been committed to social housing, and today’s announcement has promised more.
In the education sector, a commitment has been made to remove prefabs in schools, while a flurry of new schools will be created to help cope with the growing population.
Quotes of the day:
“We estimate 45,000 construction jobs will emerge from this plan” – Taoiseach
“Better infrastructure is a key element of a better Ireland” – Tanaiste
“This plan commits to a transport link from city centre all the way to Dublin Airport” – Tanaiste
“Plan will restore transport investment to comparable international levels by 2020” – Minister Donohoe
“Social house building was abandoned by the previous Government. €3Bn will be provided for social housing alone, and the Government is committed to using every single source of funding for housing.
“The capital investment framework sets out an affordable way forward for the country. Now is the time to build on our recovery.” – Minister Brendan Howlin
Projects announced for investment:
- The N7 Naas – Newbridge road widening
- The Sallins bypass
- The Dunkettle Interchange
- The Ballyvourney to Macroom N22 road
- The N4 to Castlebaldwin
- The N5 Westport to Turlough
- A new bridge over the Garavogue River in Sligo
Subject to planning permission:
- The Slane bypass
- The N28 Cork to Ringaskiddy road
- The Mallow relief road
- The Adare bypass
PPP projects:
- The N17/N18 Gort to Tuam road, which is already underway;
- The M11 Gorey to Enniscorthy
- The N25 New Ross bypass
The post 45,000 construction jobs to be created appeared first on UK Construction Online.
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