Seanad debates

Thursday, 28 March 2019

Nithe i dtosach suíonna - Commencement Matters

Regional Development Funding

10:30 am

Photo of Patrick O'DonovanPatrick O'Donovan (Limerick County, Fine Gael) | Oireachtas source

I apologise at the outset on behalf of my colleague, the Minister for Public Expenditure and Reform, Deputy Donohoe. I am taking this Commencement matter on his behalf. The BMW region is one of Ireland’s two regions for the purposes of EU funding. During the 2014-2020 period, the ERDF alone will deliver more than €320 million worth of investment to the region. This investment is concentrated primarily on research and innovation, information and communication technologies, ICT, small and medium-sized enterprises, SMEs, and promoting a low-carbon economy.

These are the types of investments that can make a difference to inclusive growth and regional development. The region also receives support through a range of other EU programmes including the European Social Fund, ESF, the European Agricultural Fund for Rural Development, EAFRD, and the European Maritime and Fisheries Fund, EMFF.I agree with the Senator on the importance of achieving balanced regional development and I note the recent data released by EUROSTAT regarding levels of GDP per head for the regions of Ireland. The development of all of the regions of the country is something that this Government takes very seriously. In 2018 the Government launched Project Ireland 2040, an ambitious, strategic vision for Ireland’s investment in critical infrastructure in the future. It consists of two core elements: a national planning framework and the investment of €116 billion over a ten-year period. For each regional assembly area, regional, spatial and economic strategies are being developed to support the implementation of the national planning framework and the economic policies and objectives of the Government by providing a long-term strategic planning and economic framework for the development of the regions. The national development plan envisages investment across a range of areas aimed at delivering public infrastructure over the coming years including increased investment in broadband, roads, tourism and agriculture and an investment of €4.5 billion in our regional and local roads.

The year 2018 saw the launch of the rural regeneration and development fund. With a total budget of €1 billion over the period to 2027, the fund will promote rural renewal in order to enable towns, villages and outlying rural areas to grow sustainably as vibrant places in which to live and work. The first call for proposals under the fund was launched in July 2018. Some 84 projects have been announced with a total value of €117 million. The newly-established Department of Rural and Community Development has made considerable progress with €237 million invested across a package of supports to strengthen our rural economies and communities. By promoting development in all regions we can bring new life back into towns and villages which were previously neglected.

Given the potential impact on rural and Border areas of this country arising from the departure of the United Kingdom from the European Union, a Brexit resilience package of €78 million was announced for the agrifood sector for 2019 in the last budget. This includes a range of measures to support farmers and industry against the background of the challenges that lie ahead. I also acknowledge the special role of the PEACE and INTERREG programmes in the Border region. Ireland and the United Kingdom are currently partners in two EU-funded cross-Border co-operation programmes which incorporate the Border counties with a total value of €550 million over the period up to 2020.

In conclusion, the Government is extremely committed to balanced, sustainable development in all regions, including the Border, midland and western region. This is demonstrated by investment in sectoral strategies. It is underpinned by the national development plan which will deliver modern public infrastructure over the coming years which, it is to be hoped, will improve the lives of people throughout the country and allow our companies and economy to continue to thrive in a globalised world. I will bring the points the Senator has raised to the attention of the Minister, Deputy Donohoe.

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