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Comment #1293425 by Kerry Blake

Kerry Blake Jun 15th 2013, 2:33 PM #

I can see a return of investment for water projects seeing as they plan to charge us to use it. But what RoI for schools and roads or can we expect to see loads more tolling points on roads?

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Read the article where this comment appeared:

Bruton defends spending the last of the nation's savings

Bruton defends spending the last of the nation's savings

The final €6 billion left in National Pensions Reserve Fund is to be used to boost employment, says Richard Bruton TD.

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    Favourite Adam Power
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    Jun 15th 2013, 2:35 PM

    Increase in breakfast roll sales

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    Favourite Jim Walsh
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    Jun 15th 2013, 5:44 PM

    There may not be an immediate return on investment for roads and schools but it is there.

    Improving the road and transport infrastructure will help with making areas outside the capital more attractive for other forms of investment. For many years large multinationals did not want to locate outside places like Dublin or Cork because of poor infrastructure. Nobody can deny that the construction of the motorway network hasn’t been good for the country. The priority was on linking the major cities with Dublin but now we need to finish it off by linking the cities to each other.

    As for schools well anything that improves the facilities for education will end up having longer-term benefits for the economy. And given that there are still a huge amount of schools that have prefabs or old building that sort of investment is welcome.

    It also does provide immediate jobs in construction. The construction during the boom had grown way too big for the size of the country. Now we have the opposite effect. This will help create some stimulus in that area.

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    Favourite Jimk Kelly
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    Jun 16th 2013, 1:27 AM

    Jim , with reference to the motorways.
    Yes it’s a good thing to happen but the roads are not making a profit , so the government promised to make up the shortfall I.e.they will subsidise the shortfall with taxpayers money !!!!

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