Chamber News

Commitment to increase capital expenditure vital for competitiveness

The publication today (14/09/2017) of the Mid-Term Review of the Capital Plan is an important step towards improving Ireland’s competitiveness and ability to meet future challenges.

Commenting on the Review, Chambers Ireland, Chief Executive, Ian Talbot said, “An additional €4.1 billion being committed to capital spending between 2018-2021 will be welcome news to businesses across the country. This increased spending by Government is an important first step that will fund important infrastructure projects in priority areas such as transport, housing, water, and will drive continued economic improvement.

As economic conditions improve, the Government will have the opportunity to increase capital spending further and achieve the target of 4% of GDP that Chambers Ireland called for in our Pre-Budget 2018 Submission.

“The allocation of spending will provide the details and announce the anticipated infrastructure projects that are crucial for the economy. We are strongly in support of the forthcoming 10-year National Investment plan 2018-2027, being aligned closely with the publication of the National Planning Framework, Ireland 2040, in order to ensure that all capital investment is spent strategically to deliver long-term benefits.”

 

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About Waterford Chamber

Waterford Chamber provides a range of services that support and nurture local businesses. Whether you are an individual or a large company, Waterford Chamber can help you take your business to the next level. With a variety of benefits including business to business networking events, training and seminars as well as a host of additional services, your business can avail of all that membership has to offer.

 

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What Our Members Say

“Tom Murphy Car Sales Ltd has been a member of Waterford Chamber of Commerce for over 25 years.

It’s a membership that serves us well as we find it gives us a platform to interact with similar businesses and puts us in front of a wide audience.  Having staged a number of very successful Chamber events, both at our dealership on the Cork Road and at venues chosen by the Chamber, it really puts into perspective the value of networking and meeting with potential customers face to face.

We intend to continue the partnership between Waterford Chamber of Commerce and Tom Murphy Car Sales into the future, as the results speak for themselves and we see the value in being a member of Waterford Chamber.”

Tom Murphy, Tom Murphy Car Sales

 

 

 

 

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