Plea for major road funds - €5m could kickstart Cork to Limerick motorway

Just €5m would ensure massive progress towards Cork and Limerick finally being connected by a motorway, according to construction bosses.

At the Oireachtas budgetary oversight committee yesterday, a delegation from the Construction Industry Federation called for Ireland to press the EU for a relaxation of fiscal space constraints for infrastructure, as well as utilising the European Investment Bank for funding.

The body said investment in public infrastructure had to increase to 4% of GDP, and that the mid-term review of the capital infrastructure plan had to address depreciation and bottlenecks.