Oireachtas Joint and Select Committees
Wednesday, 7 July 2021
Joint Oireachtas Committee on Transport, Tourism and Sport
Broadband Infrastructure: Discussion
Mr. Rory Fitzpatrick:
Regarding the question as to whether it is worth spending money on, we need to step back for a second and consider where we are within Europe and globally and where our economy stands. We have always had a large agricultural economy, but we have also developed a very strong tech sector on the back of American foreign direct investment into Europe. That sector is one of the key employers in our area. It is vital that we be seen to be keeping pace with the rest of Europe. Even if it takes time to deliver and it costs a great deal of money, the cost of not doing it could be much greater. Some of our partners in Europe would be quick to steal the headquarters of these companies and get them to move to Frankfurt, Milan or Paris if they could. While it is a great deal of money and there are problems with it, I am a major fan of spending that money and delivering as much as we can.
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