Oireachtas Joint and Select Committees
Thursday, 16 May 2013
Joint Oireachtas Committee on the Implementation of the Good Friday Agreement
Narrow Water Bridge: Discussion
12:10 pm
Mr. Mark Kelly:
Everyone has referred to the tourism potential. I represent a small, family-run construction firm. The construction industry has been decimated. If the project goes ahead, it will ensure some people will be able to remain at home rather than emigrating. The jobs relating to the project would be of assistance in helping to end the recession which I have no doubt will end. Those involved in the construction industry, North and South, have highlighted the fact that there is a great economic multiplier to be gained from construction projects. For every £1 or €1 spent, there is a multiplier of 2.85 in the wider economy. That would mean more jobs just by getting the construction project off the ground. My colleagues will comment further on the economic benefits that will accrue beyond this. I thank the joint committee for its time.
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