IBEC NW says next Government "must prioritise investment in the regions

IBEC NW says next Government "must prioritise investment in the regions

Ibec North West has called for the next government to demonstrate much more ambition for investment and specifically for investment in the regions.

Balanced regional development must be a key priority to ensure job creation and future economic growth right across the country, the, the group that represents business in the region stated. The future economic fate of regions cannot be left to chance.

Ibec North West Regional Director Terry MacNamara said: “To date growth and job creation has been very much Dublin-led.

“ A study carried out by Amárach research indicated that 50% of total respondents feel the recovery so far has been limited to Dublin.

“At 40% of GDP, the Dublin area is responsible for a disproportionate share of national economic activity, and far beyond that of other capital cities across Europe.

“Regions have the potential to thrive and to contribute to the national economy but this can only happen if government policy is focused on ensuring that regions can reach their full potential."

Read more in this Thursday's Donegal Democrat.