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Sat April 20 2024

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Ireland announces €200m infrastructure stimulus‏

15 May 14 Ireland's public expenditure minister has announced investment of €200m (£158m) to fund new projects in a range of sectors including road schemes, social housing and tourist-related works.

Howlin announced the latest investment
Howlin announced the latest investment

The latest €200m investment is additional to the €3.3 billion capital investment that the Exchequer will be making this year.

Minister for public expenditure and reform Brendan Howlin said that the construction industry is showing very promising signs of recovery, which is helping to generate economic activity and create jobs. He welcomed recent figures which show that activity in the sector has increased in each of the last eight months, with the latest expansion the sharpest since December 2004. The rate of job creation in the sector has also increased continually over the same period.

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