• Ibec welcomes National Planning Framework launch
• €116 billion development plan hits Ibec’s benchmark
• Further lobbying to ensure effective delivery
The recently published National Planning Framework (NPF) and National Development Plan (NDP) will have significant implications for the business community.
The NPF sets out a strategic framework for spatial planning across the island of Ireland for the next 25 years. Ibec has engaged extensively with the consultation process for the NPF and we were particularly positive to see the following key elements in the final plan:
• Ambition to plan for a growing population of at least 1 million extra people by 2040.
• Identification of key urban growth centres in each region of the country – a feature which was absent in the draft version of the plan.
• Commitment to ensure more effective regional development and a better spatial distribution of economic activity and population.
We believe that lessons have been learnt from previous unsuccessful efforts at spatial planning and that the NPF can effectively shape development of the country over the coming decades. Unlike previous iterations, the NPF will have a legislative basis and a comprehensive governance and implementation structure which will include more detailed regional plans and coordination at a local level.
Another unique aspect of the NPF is that it has been published in conjunction with a 10-year capital investment plan. The ambitious €116 billion new NDP will see the level of investment in infrastructure increase to over 4% of economic output annually over the coming years.
This is a benchmark which Ibec had called for and we strongly support the Government’s commitment to increased capital spending. Major new infrastructure projects such as improved road access to the North-West; a Cork-Limerick motorway and the Metro in Dublin will improve connectivity, help address congestion challenges and enhance quality of life. We will continue to lobby to ensure its effective and timely delivery.