The Irish government is splashing the cash with a revised National Development Plan (NDP) that will see €275 billion investment over the next ten years.
The revised plan will see unprecedented levels of investment which the government hopes will unlock housing, upgrade water and energy infrastructure, deliver more roads, and provide better public transport.
Delivering more housing is the centerpiece of the government’s plans with house building and infrastructure around new housing receiving €36 billion.
Speaking on Tuesday, Taoiseach Micheál Martin said this was a landmark moment for Ireland’s future.
“With a record €275.4billion in public capital investment, we will deliver the infrastructure that will help us meet the economic and social needs of the Irish people for generations to come,” he said.
“This plan is about building homes, connecting communities, and creating opportunities. It reflects our ambition to support a growing population, meet our climate goals, and ensure that every part of Ireland can thrive.
“We are laying the foundations for a stronger, more resilient Ireland with strategic and focused investment.”
Tánaiste Simon Harris said the review was a critical step in delivering national priorities.
“Against the background of global uncertainty, this plan presents a once in a generation opportunity to transform Ireland’s infrastructure and secure the country’s future. It is a powerful statement of intent that recognises the scale of the challenges we face and will deliver the infrastructure that underpins sustainable growth.
“By prioritising investment in water, energy, and transport, we are laying the groundwork for 300,000 new homes by 2030. Quicker approval processes and less red tape will be critical to delivering a plan that will enable the delivery of not just new homes, but more schools and childcare places, and improved disability services and health outcomes.
“This is a whole-of-government effort to ensure that Ireland remains a great place to live, work, and raise a family. Our focus is on delivering for people living in Ireland, now and into the future.”
Opposition parties have called for more detail on infrastructure plans and have criticized what they say is a lack of timelines.
