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€2.25 Billion Domestic Infrastructure Stimulus to Create much Needed Jobs – Howlin
- 30 July 2012
Public Expenditure and Reform Minister, Brendan Howlin today announced the Government’s plans for an additional €2.25 billion investment in job-rich public infrastructure projects in Ireland. The bulk of the funding will come from a combination of the National Pension Reserve Fund, European Investment Bank/Council of Europe Bank, Domestic Banks and other potential private investment sources
Minister Howlin said:
Job creation is this Government’s top priority. It is estimated that Phase 1 of our PPP programme will generate up to 13,000 jobs. The focus for Phase 1 is on projects in the Education, Health, Transport and Justice Sectors. These projects reflect the Government’s priorities, meet infrastructure needs, are labour intensive and provide value for money for the State.
This represents an important continuing investment in our future to provide Top class technology educational facilities and help us to deliver on the government’s health reform strategy.
Minister Howlin spoke to MerrionStreet.ie earlier this afternoon:
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Read the full press release here.
Read the Taoiseach’s speech here.
Read the Tánaiste’s speech here.
