Limerick regeneration plan ‘an investment that will pay for itself’

THE man whose report prompted the government sponsored regeneration plan for Limerick said it is an investment that will pay for itself in the long term.

Former Dublin city manager John Fitzgerald said he would have been much more concerned about the economic downturn if they had the plan ready two years ago and were now looking for private and public sector investment.

He said: “In a way it is fortuitous that we are not at that stage now. By the time we get to that stage in a year’s time, I think things will have changed quite considerably and bottomed out. We will know, then, where we stand and how long it will take.”