Lowry deplores lack of IDA investment in Tipperary

Michael Lowry.
Tipperary TD Deputy Lowry has expressed concern that the county is being left behind and disregarded by the IDA and Government by their continued focus on Dublin and Cork to the detriment of the remainder of the country.

Tipperary TD Deputy Lowry has expressed concern that the county is being left behind and disregarded by the IDA and Government by their continued focus on Dublin and Cork to the detriment of the remainder of the country.

Deputy Lowry stated that end of year figures revealed by the IDA show that the vast bulk of investment still goes to the two large urban centres, Dublin and Cork, with only 37 per cent of 2014 investment going elsewhere.

“The IDA has a deplorable record in Tipperary and the figures show that unfortunately little has changed,” he said.

The Independent TD said that the figures were a continuation of a marked trend over recent years for investment to be concentrated in the two largest cities.

“While there is some improvement a much greater effort needs to be made to encourage investment outside of Dublin and Cork. The Government and IDA need to realise that rural areas are being placed in a disadvantageous position for economic recovery and development going forward. We now have a hollowing out of the rural economy and a two-tiered recovery with Dublin racing ahead and rural areas still struggling,” said Deputy Lowry.