Ibec, the group that represents Irish business, today expressed concern over the potential implications for much needed investment at Dublin Airport, following the determination on passenger charges by the Commission for Aviation Regulation.
Commenting on the importance of Dublin Airport as a national strategic infrastructure asset, Ibec CEO Danny McCoy, said: “Our economy and population continue to grow faster than almost all other developed countries. It is vital that we invest ambitiously to keep up with this growth. Dublin Airport is a key element of our national strategic infrastructure and the wider business community would be very concerned if planned investment projects were threatened because of the proposed reductions in passenger charges.
“As a country, we have failed to invest adequately in infrastructure over many years. Failure to urgently address our widespread infrastructure deficits will undermine national competitiveness and damage our ability to trade internationally and attract mobile investment. With Brexit uncertainty undermining business investment decisions, it is vital that we intensify our focus on the issues that we can control, such as infrastructure investment.”