In October 2019, the Irish Government published Budget 2020. Despite a relatively conservative tone, the Budget included a number of reassuring measures and messages for the project and infrastructure development sector. Encouragingly, many major projects received explicit political and financial support as the Irish Government prioritises long-term projects to underpin economic growth.
We have taken this opportunity to consider the 2020 outlook for Irish infrastructure (including Budget 2020 highlights, status updates for major projects and upcoming reforms) can be viewed here.
Building on the success of our recent Projects and Infrastructure Event Matheson's cross disciplinary Projects and Infrastructure group continues to track major projects and market trends to ensure that its clients and stakeholder contacts are kept up to date. If you would like to discuss any of the projects and initiatives mentioned in our update in greater detail (or indeed discuss the Irish infrastructure market in general), please do get in touch with us.
UPDATE: Following the publication of this update, the Metrolink market consultation was formally launched by Transport Infrastructure Ireland (TII). In encouraging news for the international infrastructure community, it is proposed that a significant element of this project shall be procured by way of Public Private Partnership (PPP). If you would like to discuss this project in further detail, please do get in touch.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.