Ibec: Infrastructure investment needs to be prioritised ahead of all other expenditure

Ibec said infrastructure investment targets should be backed by Exchequer funds, proceeds from the Apple tax ruling from last year as well as the various investment funds the Government have been putting money into

Fergal O’Brien, executive director of lobbying and influence at Ibec, said the country must not make the mistake of 'deprioritising public investment' when the economy slows.

Business group Ibec is calling on the Government to prioritise spending on infrastructure, to the tune of €200bn over the next 10 years, ahead of all other forms of expenditure including tax cuts.

In a new policy paper, Ibec said infrastructure investment needs to be prioritised in order to address persistent challenges in delivering critical national infrastructure.