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Foreign Direct Investment

Dáil Éireann Debate, Thursday - 9 November 2017

Thursday, 9 November 2017

Ceisteanna (37)

Niall Collins

Ceist:

37. Deputy Niall Collins asked the Tánaiste and Minister for Business, Enterprise and Innovation her views on a report (details supplied) on the way in which the housing crisis and the severe housing shortages could harm Ireland’s competitiveness and the ensuing impact this may have on attracting foreign direct investment here. [47589/17]

Amharc ar fhreagra

Freagraí scríofa

The Government is fully committed to increasing the supply of affordable and quality housing.  That is why it has published the ‘Rebuilding Ireland Action Plan’ which includes financing measures, better use of existing homes, new construction and rental sector improvements. 

These steps will first and foremost ensure Irish people are better able to buy and rent suitable homes.  They will also serve to reinforce our national infrastructure in terms of its capacity to accommodate further foreign direct investment.

My Department's in-depth engagement in the development of the new National Planning Framework (NPF) over the last 18 months provides an example of efforts to attract foreign direct investment being considered in terms of wider capacity and policy to provide infrastructure and housing. The NPF is a critically important framework for the period to 2040 that will underpin Ireland’s future economic development.   

The  Department of Housing Planning and Local Government (DHPLG) are developing the NPF and my Department has been heavily involved in that process.

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