Future Ireland Fund will prevent stop-start development, says Tánaiste

Micheál Martin said that in a downturn, when revenues drop, capital infrastructure projects are first to be cut

Cork CIF Branch Chair Simon O'Keeffe said much work needed to take place to keep up the positive momentum that Cork has seen in recent months

Avoiding the stop-start nature of major infrastructure projects due to recessions and downturns is a goal of the new Future Ireland Fund, Tánaiste Micheál Martin told builders and developers in Cork.

Speaking at the Construction Industry Federation's (CIF) Cork Branch dinner, Mr Martin said that in a downturn, when revenues drop, capital infrastructure projects are first to be cut.