Private sector help needed to fund vital infrastructure

IN future, the private sector may have to help Ireland’s largest local authority fund vital projects such as water and sewerage schemes.

However, the private sector is unlikely to be able to do anything about €1.6 billion needed for proposed new roads in the Co Cork plans, which are likely to remain mothballed during the recession.

That’s according to county manager Martin Riordan who told members of Cork Chamber of Commerce that belts would have to be tightened and alliances made in order to get projects completed in the coming years.