Sinn Féin publishes job creation plan


Sinn Féin has outlined the details of an employment and enterprise plan which it said could create up to 156,000 long and short-term jobs and retain a further 15,000.

The plan, which would cost €13 billion to implement, involves investment in areas such as broadband infrastructure, school building, the retrofitting of homes, the establishment of 50 primary health care centres and the expansion of the State's wind and wave energy industries.

It says 5,000 jobs could be created by reviving the sugar beet industry in the southeast region with a €350 million investment, and that further jobs could be created by investing in water infrastructure, proceeding with the A5 Donegal to Dublin dual carriageway and completing regeneration projects in Dublin and Limerick.

The plan would be paid for by €5.8 billion in discretionary funding from the National Pension Reserve Fund, €3 billion of incentivised investment from the private pension sector and more than €1.5 billion from the European Investment Bank.

The remainder would be made up by not proceeding with €2.6 billion in cuts to the capital expenditure budget which have already been announced by the Government.

The party said it would outline how it would balance the books via spending and taxation measures in its pre-budget submission next month.

Sinn Féin leader Gerry Adams said the document, which runs to some 60 pages, was a fully costed and socially responsible means to create and sustain jobs.

He said successive governments had shown that one cannot cut one's way out of recession. He siad  it appeared the Coalition had no strategic vision to cease the rise in unemployment and stop the stream of people emigrating from the State.

The party's jobs spokesman Peadar Tóibín said a net loss of some 33,000 jobs had been recorded since the Government outlined its plan to get 100,000 people back in employment.

He said the plan had been submitted to Taoiseach Enda Kenny and Minister for Jobs and Enterprise Richard Bruton for their consideration.

The Irish Times Logo
Commenting on The Irish Times has changed. To comment you must now be an Irish Times subscriber.
The account details entered are not currently associated with an Irish Times subscription. Please subscribe to sign in to comment.
Comment Sign In

Forgot password?
The Irish Times Logo
Thank you
You should receive instructions for resetting your password. When you have reset your password, you can Sign In.
The Irish Times Logo
Screen Name Selection


Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.

The Irish Times Logo
Commenting on The Irish Times has changed. To comment you must now be an Irish Times subscriber.
Forgot Password
Please enter your email address so we can send you a link to reset your password.

Sign In

Your Comments
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Standards. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or by filling out this form. New comments are only accepted for 3 days from the date of publication.