Much greater investment needed to cater for Waterford’s growing population
The Government must invest more in Waterford and the wider region to cater for significant projected population increases, the Construction Industry Federation (CIF) has said.
Under the Government’s Project Ireland 2040 plan, the population of Waterford city and suburbs is estaimted to rise from from 54,000 to 81,000.
In its election manifesto published this week, the CIF South East said: “This predicted population growth means it is of upmost importance that the Government invests more in the construction of roads, cycleways, public transport, schools, hospitals, flood defences and many other types of public works in the South East.”
The builders’ lobby group said the construction sector in the South East accounts for more than 6% of the output of the industry and employs over 15,000 people.
It added: “Construction is a major employer and provides the necessary infrastructure for the economy and society. The population of the South East increased over the last decade despite the economic downturn.”