Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Committee on Infrastructure and National Development Plan Delivery

IBEC Report on Infrastructure Ambition for a Competitive, Productive and Resilient Economy: Discussion

2:00 am

Mr. Gerard Brady:

It is. It is 30% now, and what we have said is that the infrastructure needs to take priority. If something were to happen, infrastructure would need to take priority over everything else like housing, water infrastructure and whatever else. In previous times, where we have run short of money we have cancelled all the projects. That is the biggest reason we now have value-for-money problems because we are building at the exact top of the cycle. When things were soft in the economy and you could have built more for less, we were cutting back. Now we are trying to build at the top of the cycle and trying to get people when the labour market is really tight. Building at the bottom of the cycle would be a radical change in Irish policy and a really welcome one if we could do it. It is certainly our priority.

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