Advertisement For Drogheda Credit UnionAdvertisement For Floor StyleAdvertisement For Arc CinemaAdvertisement For Gerry's Fresh FoodsAdvertisement For Smiths Of DroghedaAdvertisement For O'Reilly Glass
Advertisement For FAIR GREEN CASINO
Friday, 10th January 2020

Government failing to deliver on regional enterprise development - Byrne

Front Page

Councillor James Byrne.

“The administrative process needs to be streamlined”

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.

Advertisement For Drogheda Credit Union Current Account

“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.

Advertisement For LEO Vouchers
Advertisement For LEO Vouchers 2
Advertisement For LEO Vouchers 3

Get today's local news straight to your mobile. Download the Drogheda Life App now!

Get it on Google Play

Please support Drogheda Life 

Drogheda Life has brought you the local news every day since February 2012 highlighting the achievements of local community organisations and businesses.

This is a labour of love but to improve and widen the scope of our service, we are now appealing to readers for their support.

If you appreciate what we are doing perhaps you would consider making a financial contribution?

You can make a regular payment or opt for a one off donation. As a subscriber you will receive a twice weekly news bulletin sent straight to your inbox meaning you will never miss another report from Drogheda Life.

Thank you!

Please support Drogheda Life by taking out a subscription

We are reaching out to Drogheda Life’s readers to seek their financial support so that we can continue delivering the local news every day and providing a platform for discussion of local topics.

Donate Now
Advertisement For Drogheda Credit Union
Advertisement For Floor Style
Advertisement For Arc Cinema