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LAST WEEK, THE Government unveiled a wide-ranging initiative with some impressive numbers attached: Project Ireland 2040.
Project Ireland 2040 is a €116 billion plan which aims to guide Ireland’s development over the next 22 years – setting priorities, reinforcing values and providing for significant population growth.
So what does this mean in practice?
Well, you can read the full documentation on Project Ireland 2040 here. But we’ve broken down the most significant projects and priorities that it sets out. Here’s what you need to know.
We have, of course. Since the late 1980s, Irish governments have organised investment and infrastructure projects with a series of National Development Plans and Capital Investment Plans, each spanning between four and six years.
Project Ireland 2040 is different in that it aims to accommodate future growth by setting out plans over a far longer period – more than two decades.
It also has a broader scope than just infrastructure and investment. The plan is designed to set priorities around values and social outcomes, rather than economic targets. As the introduction states:
The objective of Project Ireland 2040 is to provide a comprehensive social, economic and cultural infrastructure for all our people to flourish, so that together we can create a better society.
So what does that actually look like? Well, it can be broken down into seven key questions.
Project Ireland 2040 anticipates that an extra one million people will live in Ireland by 2040, with a further two-thirds of a million working here. To accommodate this, it sets out plans to build an additional half a million homes.
So how will this be done? The investment plan breaks down roughly like so:
And where are all those people going to live? This is the projection:
Building the right transport infrastructure is a central focus of the plan. The key elements here are:
In terms of health, the plan says it aims to meet as many people’s health needs as possible within their local area – combined with a few centres for acute and emergency care. It includes:
The investment in schools is laid out as follows:
Climate action is a major part of Project Ireland 2040, with €22 billion – almost one-fifth of the total – earmarked for investment in this area. However, in practice this covers a number of sectors including transport, energy and construction.
The key points are:
Project Ireland 2040 lays out a number of investments in higher education, enterprise and innovation. The standout initiative is a new €500 million Disruptive Technologies Innovation Fund, but this runs alongside:
Alongside this, there are plans to address the potential impact of Brexit by investing specifically in the north east, north west and border regions. These include:
“Cultural infrastructure” is a key plank of the plan to create sustainable communities around Ireland. Investment here runs the gamut from a capital programme for cultural institutions, to the existing Sports Capital Programme, to new supports for the Gaeltacht.
The major initiatives include:
Project Ireland 2040 sets out plans for a number of investments in An Garda Siochána and the Defence Forces. The key elements here are:
This article was produced in partnership with Project Ireland 2040, an initiative of The Government of Ireland. Project Ireland 2040 is the Government’s overarching policy programme to make Ireland a better country for all of us. You can read full details of the 23-year plan here.
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