Tuesday 25 July 2017

Dublin 'far from ready to face challenges of Brexit'

'Anyone living in Dublin knows that there are major issues affecting the city.' (Stock picture)
'Anyone living in Dublin knows that there are major issues affecting the city.' (Stock picture)
John Downing

John Downing

Dublin is neither ready to face the economic challenges posed by Brexit - nor fit to take advantage of some its opportunities.

That is the conclusion of a new report which has examined the consequences for the capital when the United Kingdom quits the European Union inside the next two years.

The report is based on a major conference held in Dublin last July, just weeks after the Brexit referendum result on June 23.

It warns that lack of infrastructure, especially a housing shortage and high rents, will limit Dublin's capacity to respond to Brexit.

Fianna Fáil city councillor Paul McAuliffe, a driving force behind the report said problems also extended to roads and traffic management as well as social amenities.

"Simply put, if positive economic winds blow in the right direction, Dublin City's sails are at half mast, and we aren't ready to capitalise on the opportunities that may arise," Cllr McAuliffe said.

"The city is creaking at the first sign of economic growth.

"Anyone living in Dublin knows that there are major issues affecting the city. Over the last six years, central government has failed to invest in transport infrastructure, education, and social amenities," he added.

"Standing still isn't good enough. We require increased investment with regard to housing, transport, and hotel and office space."

Councillor McAuliffe said Dublin could, and would, seize economic opportunities when the UK left the European Union.

However, he added that there could be no doubting the sheer number of challenges the city faces.

Irish Independent

Promoted articles

Also in Business