In a historic move aimed at transforming its infrastructure, the Government of Ireland has announced a comprehensive €112 billion investment plan over the next five years. This ambitious initiative, known as the National Development Plan (NDP), seeks to modernize the country’s housing, transport, energy, and water systems.
A Strategic Overhaul of National Infrastructure
The plan represents the largest investment in Ireland’s infrastructure since the first NDP was introduced in 1988. Out of the total budget, approximately €102.4 billion will be allocated to transport, energy, and water services, with the goal of delivering major infrastructure projects critical to economic and social development.
Housing, long considered a national crisis, stands at the center of the plan. The government has committed €36 billion toward residential development (excluding water-related infrastructure), underscoring the urgency of addressing the country’s growing housing needs.
Major Targets and Allocations
The NDP outlines several key goals:
- Housing Development:
Ireland aims to deliver 300,000 new homes by 2030, with €4.5 billion in equity funding allocated to Uisce Éireann (formerly Irish Water) in 2025 to support this target alongside other large-scale infrastructure upgrades. - Transport Investment:
A total of €24 billion will be invested in transport infrastructure, including €2 billion earmarked for Dublin’s Metrolink, a major urban mobility project. - Energy and Utilities:
The plan dedicates €3.5 billion to upgrades in electricity services, benefiting organizations such as ESB Networks and Eirgrid.
Addressing an Ongoing Crisis
Ireland’s infrastructure has long faced chronic underinvestment, contributing to widespread challenges in housing, utilities, and public services. A lack of adequate water, sewage, and electricity infrastructure has significantly delayed home construction and forced thousands of citizens to emigrate. In 2024 alone, 34,700 Irish citizens left the country, with Australia being a particularly popular destination.
At the same time, the population continues to grow. While the youth population is gradually declining, Ireland has seen an increase in working-age adults and citizens aged 65 and above. Projections estimate that the population could surpass 6 million by 2040, placing further pressure on infrastructure and services.
A Bold Step Toward Long-Term Resilience
Irish officials describe the €112 billion plan as a turning point for the country. It not only addresses urgent short-term challenges but also lays the foundation for long-term sustainability and population growth. By supporting innovation, accelerating public works, and strengthening essential services, the government hopes to reverse decades of infrastructure neglect and position Ireland for a more prosperous future.
