Construction BUSINESS

Government Unveils €116 Billion Development Programme

 Breaking News
  • 45 Jobs Saved at Manley Construction Following Exit From Examinership Manley Construction has exited examinership after 100 days following a High Court hearing in front of Justice Marie Baker. Following the hearing, the company can continue to trade normally, saving 45 construction and administrative jobs at its Duleek, County Meath headquarters. Manley Construction has a strong portfolio of ongoing projects and this decision ensures the smooth continuation [...]...
  • Irish Construction Companies Raise Over €3.5 Million Through Linked Finance Linked Finance, Ireland’s leading peer-to-peer (P2P) lending company has raised over €3.5m for Irish construction businesses. 34 Irish construction firms including Farranconnor Building Products in Cork and Cairn Construction in Wicklow have raised funds through Linked Finance’s online lending platform ( Cairn Construction raised €30,000 through the platform to invest in machinery to facilitate business [...]...
  • Ecocem Ireland Launches First Hybrid Weather-resistant Bag Ireland’s premier producer of high performance, low carbon cement Ecocem Ireland has announced a new product development for the bagged cement market in Ireland and the UK. The upgraded offering sees the traditional paper bag being replaced by a stronger, more durable weather-resistant hybrid bag. The company made the announcement at its state-of-the-art facility in Dublin Port. [...]...
  • Expert Speakers Confirmed For Ireland’s Biggest Annual Project Management Conference The Ireland Chapter of Project Management Institute (PMI) has announced the expert speakers for Ireland’s premier conference on project management. With the theme The Change Makers, the Chapter’s annual conference takes place in the Aviva Stadium on 26 April 2018 and will see some of Ireland’s most respected industry leaders discuss managing, driving and achieving change. Notable speakers include Dr Norah [...]...
  • Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020 will deliver a considerable number of infrastructural and housing projects that are of strategic importance to the County and the Region from both a social and an economic perspective. This will shape the development of [...]...

Government Unveils €116 Billion Development Programme

Government Unveils €116 Billion Development Programme
February 22
09:54 2018

The Government has published The National Development Plan 2018–2027, the most recent in the series of such capital plans adopted since 1988. The National Development Plan 2018–2027 is an ambitious plan designed to drive Ireland’s long term economic, environmental and social progress across all parts of the country over the next decade. The plan is fully integrated with the new approach to spatial planning in Ireland in the National Planning Framework.

By 2040 the population of Ireland is expected to grow by over 1 million to 5.7 million people. The spatial planning approach set out in the National Planning Framework will support this growth. Its successful delivery will be critical to securing Ireland’s economic, social and environmental sustainability over the next two decades.

The National Development Plan 2018–2027 sets out the significant level of investment, almost €116 billion, which will underpin the National Planning Framework and drive its implementation over the next ten years. €91 billion in Exchequer funding for public capital investment has been allocated and will be supplemented with substantial investment by commercial State Owned Enterprises. This increased level of resources is expected to move Ireland close to the top of the international league table for public investment.

A major new initiative in the National Development Plan is the establishment of four new funds to help drive the specific core priorities detailed in the National Planning Framework. These four funds, with a combined allocation of €4 billion over the lifetime of the National Development Plan, will be allocated on the basis of a competitive bidding process, designed to encourage collaborative bidding/proposals, and which will also, where appropriate and practical, seek to leverage additional private investment. Resources will be allocated in support of project proposals which demonstrate a strategic vision aimed at delivering on the National Planning Framework objectives in the areas of rural renewal, urban regeneration, the achievement of climate action objectives and in drawing on research and development activities to develop new technologies on a commercial basis which could potentially be ‘game-changers’ in terms of existing and new market opportunities (so called ‘disruptive technologies’).

About Author



Related Articles

Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit

Upcoming Events

  • March 18, 2018Light + Building 2018
  • March 20, 2018Interbuildexpo 2018
  • March 21, 2018Neues BauEn
  • March 21, 2018BudEXPO
AEC v1.0.4

New Subscriber

Subscribe Here