‘Very strong’ case for Cork-Limerick motorway

The Government is not taking advantage of the historically low cost of financing to deliver economically and socially critical infrastructure projects such as the proposed Cork to Limerick motorway, the country’s business representative body has claimed.

Ibec has called on the Government to review its decision taken a month ago to shelve the mooted €1bn road project given the “compelling return” it would deliver.

The government was also accused by Ibec chief economist and head of policy, Fergal O’Brien of hiding behind EU budgetary rules in delaying the project.