14/06/2013

Radical Limerick Regeneration Plan Launched

Three Ministers have unveiled a radical plan to transform the economy of Limerick.

€250 million will be invested over the next two decades as part of the 'Limerick 2030 – An Economic and Spatial Plan for Limerick’, which is hoped could potentially create some 5,000 new jobs.

Minister from the Environment, Community and Local Government Phil Hogan, Minister for Finance Michael Noonan and Minister of State for Housing and Planning Jan O’Sullivan launched the ambitious plan, which includes a number of objectives to change the infrastructure of the city centre and deliver a whole new vision for Limerick as a leading centre for commercial investment.

Reporting on the launch, the Irish Times quoted Limerick City and County Councils chief executive Conn Murray as saying: "The plan will allow us to work together to bring much needed investment to Limerick, to revitalise the city centre and to project a positive image giving confidence to investors, businesses and the local community.

"It is by design a flexible, dynamic framework capable of responding to changing circumstances and providing, perhaps for the first time, a holistic perspective on Limerick’s future. And it’s timely, as we move towards the full merger of Limerick City and County Councils in 2014."

(MH/CD)

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