M20 motorway can bring thousands of new jobs

The M20 motorway between Cork and Limerick will enhance the entire region economically and socially while bringing new life to towns like Charleville, Co Cork.

M20 motorway can bring thousands of new jobs

That was the message from interested parties at a business breakfast in the north Cork town yesterday, where speakers including Agriculture Minister Michael Creed and William Batt of Indecon economic consultants outlined how the long-mooted upgrade of the Cork-Limerick road would be a boon to Munster industry.

Mr Batt told the briefing at Charleville Park Hotel that his firm had completed an independent assessment of the socio-economic benefits of the M20 motorway between the two cities.

Key findings found that by reducing commuting times, the motorway will bring together labour and skill pools in both cities, in Charleville and other towns and locations within the wider M20 catchment.

This would lead to an increase in the critical mass of skills available to employers, Mr Batt said.

Indecon estimates that the M20 will boost the labour force along the Cork-Limerick corridor to almost 275,000 workers, he said.

The enhanced accessibility meant more marketability of industrial sites and landbanks along the M20 corridor, including Charleville and other towns.

Additional jobs could be located at existing key industrial sites across the region, Mr Batt said.

Tourism will also be greatly enhanced because of the motorway, with Cork and Shannon airports directly benefiting from better access.

Mr Creed said the strategic importance of Charleville as a location with a long history in food manufacturing and dairying would be extended with the construction of the motorway.

Charleville Chamber director John Donegan said: “We must avail of the opportunity that the motorway brings. We have 98 acres of land for commercial and industrial use, while there is a bank of land zoned for 700 houses.

“The challenge for the chamber and business is to maximise the opportunity, and to create an environment for people to come and enjoy living in Charleville,” he said.

Taoiseach Leo Varadkar confirmed on a recent visit to Cork that the M20 would be included in the Government’s 10-year capital plan launch in December.

more courts articles

DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules
Former prisoner given indefinite hospital order for killing Irishman in London Former prisoner given indefinite hospital order for killing Irishman in London

More in this section

Joe Biden Biden increases tariffs on Chinese imports of electric cars and chips
Construction - digger working at building site on sunny day Large investment funds eye office and data centre projects now interest rates are about to turn
Housing and renewable energy remain key focus for Cork businesses amid election season Housing and renewable energy remain key focus for Cork businesses amid election season
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited