What next for Infrastructure? - Infrastructure insights for Ireland

Overview

This report which is co-developed by KPMG and IBEC sets out how best to meet Ireland's infrastructure needs in the current difficult economic environment.

The report calls for a new long-term capital investment plan, a new National Infrastructure Authority and a fresh approach to funding, including much greater use of public private partnerships (“PPP”).
 
Michele Connolly, Partner in KPMG Corporate Finance maintains that “notwithstanding of our current economic difficulties,  there are still gaps in Ireland’s infrastructure.  The current pressure on Government finances and borrowing levels means alternative solutions need to be found to fund that gap. Private finance and PPPs in particular have been a proven mechanism both internationally and in Ireland to do so. Infrastructure in Ireland could be delivered quicker and at no or limited upfront cost to Government through this mechanism. Yet we are not taking full advantage of these opportunities which will create jobs and economic activity with lasting benefits”.

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