HomeNewsSpeedy capital funding needed

Speedy capital funding needed


Kevin-Thompstone-Shannon-01-web_edited-1by Bernie English bernie@limerickpost.ie

THE CHAIRMAN of Shannon Chamber of Commerce has called for the speedy allocation of capital funding for the implementation of the Shannon Free Zone Master plan to help speed up the process of job creation in the region.

Kevin Thompstone was speaking as the IDA published its strategy for the region which targets an increase in Foreign Direct Investment (FDI) of 30 to 40 per cent over the next four years.

Speaking at a Chamber business lunch in Dromoland Castle last week, Mr Thompstone said that the clear link between the Government’s Action Plan for Jobs and the new IDA strategy for 2015 – 2019, their key themes, and the approaches they contain to win new investment for the regions, “provide Shannon with the opportunity to demonstrate how regional action can work in practice”.

“However, allocation of capital funding to the implementation of the Shannon Free Zone masterplan would greatly speed up the process.

“It is essential that a significant portion of the Regional Action Plan funding is allocated to turning the masterplan into reality, thereby enabling Shannon to play its part in assisting IDA deliver its new strategy,” Mr Thompstone concluded.


Bernie English
Bernie Englishhttp://www.limerickpost.ie
Bernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.
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