Mining industry calls for investment by pension funds

THE Irish Mining and Quarrying Society has backed the construction industry’s call for investment in critical infrastructure by pension funds.

Company president Seán Finlay, said the situation in the quarrying sector was a major concern where output has declined over 60% since 2007.

While the National Development Plan had to be cut sharply Mr Finlay said the society supported “the well publicised initiative of the Construction Industry Council which calls for investment in critical infrastructure by pension funds”.