The amount of money earmarked for the South East in the government’s National Planning Framework is “modest” by comparison to other cities and regions.
That’s according to economic commentator and WIT lecturer Dr. Ray Griffin.
It’s hoped that the 60 million euro in government funding need to begin development of the North Quays will be included in the goverment Capital Expenditure Plan, which is due next month.
Ray Griffin says it’s a fraction of the money being sought in other parts of the country.
He says there has been a lack of action from central government when it comes to the development of the South East.
Meanwhile Waterford Chief Executive Michael Walsh has hit back at a number of Kilkenny agencies who have suggested that the North Quays development will negatively impact them.
The Waterford News and Star reports that the larges numbers of submissions during the public consultation came from Kilkenny agencies.
Kilkenny Chamber of Commerce stated that Kilkenny City as shopping destination would be impacted.
Kilkenny County Council expressed concern about the proposed sixty minute drive time which Waterford Council outlined as the catchment area for the North Quays.
Michael Walsh said the only negative impact that Waterford City can have on Kilkenny is if it does not fulfill it’s role as the economic driver for the region.