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The €116 billion Project Ireland 2040 is “a huge vote of confidence in the potential and future of Ireland’s second city, Cork”.

The €116 billion Project Ireland 2040 is “a huge vote of confidence in the potential and future of Ireland’s second city, Cork”.

The plan, which sees planning and future investment linked for the first time, is aimed at building the Ireland of tomorrow  and represents a radically different approach to future planning by focusing not just on bricks and mortar, but on social, economic and cultural development.

In the coming decades, three quarters of new growth will be outside Dublin, with 50% of the projected population growth planned for Irish towns, villages and rural areas and 50% for our cities.

It’s anticipated that Cork city’s population will grow by at least 50% over the lifetime of the plan with an emphasis on “compact growth” not urban sprawl.

The plan includes:

An investment of €75-€80 million in the Cork Event Centre  which will bring new concerts, festivals, sports, exhibitions, conferences and  trade shows to the city.

Up to €90 million is to be spent on the redevelopment of the Port of Cork and this will clear the way for significant development in Cork’s docklands

A new dedicated ambulatory elective-only hospitals in Cork to specifically tackle waiting lists

€900 million investment in the M20 Cork-Limerick motorway which will increase travel time and build links between the cities

A €200 million investment in the bus service, through Bus Connects, which will provide more bus corridors, low emission buses and a more frequent service for customers. A greater emphasis on cycling and walking routes.

Cork’s Crawford Art Gallery is to receive €22 million over the next seven years, part of which will be spent on a major refurbishment of the public museum

Cork City Council Chief Executive, Ann Doherty said Project Ireland 2040 is “a huge vote of confidence in the future and potential of Cork city to act as a counterbalance to Dublin”.

“ The plan sets out a very clear agenda for Cork city which we can work with central Government to achieve. Over the coming decades we all want to create a sustainable Cork that is built for the needs of the future:  a smart and green city with a strong economy that retains the quality of life and rich community life that we all love,” she said.

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