Councillor James Byrne.
Local Fianna Fáil General Election Candidate, Councillor James Byrne, has said that despite their spin to the contrary, it is abundantly clear that the Government are failing to deliver when it comes to regional enterprise development.
Councillor Byrne was commenting on information received by Fianna Fáil which shows that just €3m out of €59.5m of approved funding has been paid out to date under the Regional Enterprise Development Fund (REDF) for projects approved as far back as 2017.
Councillor Byrne said, “We now learn that despite twenty-one projects being approved for close to €60m in funding in 2017 and 2018, €56.5m in payments has yet to issue. This means only 5% of payments have issued to date.
“There are projects, including projects in Louth, which are completely tied up in red tape. The Minister might say that due process must be obeyed in terms of project expenditure incurred and inspections before payments can be made.
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“However, waiting over two years for payments raises serious questions on the current administrative process enterprises must abide by.
“The administrative process needs to be streamlined, it needs to be made easier so that payments awarded to successful applications can be promptly issues,” concluded Councillor Byrne.