Thursday 14 December 2017

Government to prepare 10 year capital plan in response to Brexit

Taoiseach Enda Kenny Photo: Gerry Mooney
Taoiseach Enda Kenny Photo: Gerry Mooney
Colm Kelpie

Colm Kelpie

The Government is to prepare a new 10 year national capital plan in response to Brexit, Taoiseach Enda Kenny has said.

In a speech to the Institute of International and European Affairs (IIEA) this afternoon, Mr Kenny said the plan will show funded proposals to complete the national road network, including links between Dublin, Derry and Donegal, and to accelerate delivery of public transport.

The Taoiseach said the Government will also publish a new trade and investment strategy before St Patrick's Day, with targets and actions to grow and diversify markets for Irish exports and investment.

And he said the Government has begun a review of the state's industrial policy, Enterprise 2025, due to be completed this year.

"The updated Enterprise 2025 strategy will include a medium-term stabilisation and adjustment plan for those businesses who will be most affected by Brexit," he said.

On Northern Ireland, Mr Kenny said with the collapse of the Executive and power sharing, there is a very real danger that the region's concerns will suffer "even greater marginalisation" as the absence of political leadership there will lead to a retreat to "partisan debate".

"The Brexit process will not wait for another round of lengthy talks in Stormont," he said.

"When Article 50 is triggered, the world will move on, and it will move on quickly."

He said there can be no return to the days of a hard border, nor can there be "a new one in the future".

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