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Dublin Live
3 days ago
- Business
- Dublin Live
Dublin faces €70bn infrastructure investment bill by 2040 with housing top of the list
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Dublin needs €70 billion invested in infrastructure by 2040 to address key needs in housing, transport, energy, water, and climate risk. This is according to KPMG's Dublin 2040 report, which surveyed hundreds of businesses to assess the city's appeal as a place to live, work, and conduct business. The report highlights infrastructure, particularly affordable housing, as the top area for improvement in Dublin, with 24% of respondents citing it as a priority. A significant 60% of businesses identified housing as the biggest challenge, while other areas such as urban appeal, education, and training were also rated as priority areas for improvement. One of the report's key recommendations is to treat housing and real estate investment partners similarly to long-term Foreign Direct Investment. In response to the report, Fine Gael TD James Geoghegan is urging the immediate publication of the Dublin City Taskforce implementation report. The Dublin Bay South TD said: "This report reinforces what people across Dublin already know-our city is under growing pressure and we need serious, sustained investment in infrastructure to meet that challenge. "The Dublin City Taskforce completed its work. What's missing now is delivery. "I'm calling on the Taoiseach to publish the implementation report without delay. The time for action is now. "It is also essential the ambition laid out in the taskforce is matched with investment and I am calling for specific funding to be ringfenced for the delivery of the report's recommendations. Despite challenges such as staffing and rising costs, two-thirds of businesses surveyed believe Dublin remains a good place to operate. "However, the message is clear: the city's future competitiveness depends on the choices made today. Dublin is the engine of our national economy. "We cannot afford to fall behind. The Taoiseach must show leadership and move from plans to progress." On the report, managing partner at KPMG in Ireland Ryan McCarthy said: "Dublin is beyond an inflection point in a number of critical areas and today's choices will determine tomorrow's success as a capital city. Thus, the pace of decision making needs to reflect the urgency of evolving human needs, climate change, population growth, economic shifts and technological advancements. "We need to act now. The findings of our Dublin 2040 report highlight significant areas for improvement and opportunities that we believe are critical for fostering a vibrant and sustainable business environment." Join our Dublin Live breaking news service on WhatsApp. Click this link to receive your daily dose of Dublin Live content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice. For all the latest news from Dublin and surrounding areas visit our homepage.
RTÉ News
4 days ago
- Business
- RTÉ News
Projected €70bn required to shape Dublin's future by 2040
An investment of €70 billion will be required to shape Dublin's future by 2040, according to a new report by KPMG Ireland. The investment will be needed in the key infrastructure areas of housing, transport, energy, water, and climate risk in Dublin over the next 15 years. The announcement comes as KPMG released its inaugural Dublin 2040 report, a business research-based index evaluating Dublin as a city to live, work, and do business. Infrastructure was rated the most important area for improvement in Dublin, receiving 24% of the total focus from businesses. This was followed by urban appeal and education and training, both at 14%. Governance and leadership (13%), talent (12%), economic strength (12%) and sustainability (11%) rounded out the list. KPMG said this distribution highlights a strong consensus that while multiple areas need attention, infrastructure - especially affordable housing - is the most urgent priority. Treating housing and real estate investment partners similar to long term Foreign Direct Investment is a key recommendation in the report. The report emphasises that policy certainty is attractive to long term investment, as reactive shorter-term measures can have significant negative impacts on investor confidence. Ryan McCarthy, Managing Partner, KPMG in Ireland, emphasised the importance of collaboration for Dublin's development. "Dublin is beyond an inflection point in a number of critical areas and today's choices will determine tomorrow's success as a capital city," he said. "Thus, the pace of decision making needs to reflect the urgency of evolving human needs, climate change, population growth, economic shifts and technological advancements. We need to act now. "The findings of our Dublin 2040 report highlight significant areas for improvement and opportunities that we believe are critical for fostering a vibrant and sustainable business environment." Despite these challenges, the research also reveals several strengths that position the city for future growth. Businesses rated Dublin's global and national connectivity highly, with 55% saying the city performs well in this area. The city's education and training ecosystem also stood out, with 70% of businesses expressing confidence in its performance - particularly in accessible education (55%). Additionally, 58% of respondents felt Dublin offers a strong talent pool, and 65% rated the city positively for its overall economic strength, underscoring its appeal as a business hub. Dublin holds key advantages over other cities which will be harder to exploit if some of the key issues highlighted are not addressed urgently. Hazel Cryan, Corporate Finance Partner, KPMG in Ireland said, "Dublin 2040 takes a close look at the city's strengths and challenges, giving us practical insights that can help policymakers and business leaders make better decisions for Dublin's future. We're proud to share the report and look forward to seeing how it contributes to the city's growth."
Irish Examiner
4 days ago
- Business
- Irish Examiner
Dublin needs €70bn infrastructure investment, says report
Dublin will need a capital investment of €70bn in the key infrastructure areas of housing, transport, energy, water, and climate risk over the next 15 years, according to new estimates by consultancy KPMG. The projections come as KPMG released its inaugural Dublin 2040 report, based on surveys of more than 300 business owners and leaders in Dublin, evaluating Ireland's capital as a city to live, work, and do business. Infrastructure was rated the most important area for improvement in Dublin, receiving 24% of the total focus from businesses, with the need for affordable housing the urgent priority. This was followed by education at 14%, and urban appeal also at 14%. In terms of urban appeal, effective consensual policing was the top priority, with only 19% of businesses feeling the city performs well in this area. Governance and leadership (13%), talent (12%), economic strength (12%) and sustainability (11%) rounded out the list. Businesses rated Dublin's global and national connectivity highly, with 55% saying the city performs well in this area. Some 58% of respondents felt Dublin offers a strong talent pool, and 65% rated the city positively for its overall economic strength. "Dublin is beyond an inflection point in a number of critical areas and today's choices will determine tomorrow's success as a capital city. Thus, the pace of decision making needs to reflect the urgency of evolving human needs, climate change, population growth, economic shifts and technological advancements. We need to act now,' said KPMG in Ireland managing partner Ryan McCarthy. 'The findings of our Dublin 2040 report highlight significant areas for improvement and opportunities that we believe are critical for fostering a vibrant and sustainable business environment." KPMG itself employs 3,000 people in Dublin and is opening its new headquarters on Harcourt Square next summer.
Yahoo
27-04-2025
- Sport
- Yahoo
UAA women's basketball head coach Ryan McCarthy is heading to Division I Fresno State
Apr. 14—After nearly a decade and a half enjoying tremendous success under head coach Ryan McCarthy, the University of Alaska Anchorage women's basketball team will be looking for a new leader. The homegrown veteran coach recently accepted the head coaching position at Division I Fresno State University after building up the Seawolves into one of the top Division II programs in the country. Advertisement "It has been one of the greatest honors of my life to be the women's basketball coach at UAA," McCarthy said in a statement. "The ladies who built this have left a championship legacy and the most rewarding legacies are the graduates, professionals, spouses and mothers who have come through. Over the past 13 seasons we have had some exceptional ladies in our program who have impacted our university and the state of Alaska." Growing up in Alaska and attending UAA games, he dreamt of being able to be part of the program and was "ultimately able to fulfill" that dream at the university he supported. "I am so thankful for: all the administrators who I got to work for, assistant coaches who helped build our vision, support staff who worked alongside our mission, boosters who helped advance our program and every lady who wore a Seawolf uniform," McCarthy said. "To everyone who has touched this program and believed in our vision, from the bottom of my heart, thank you." He said he's confident the program will continue to thrive at an elite level. The Seawolves will have to do so without him and his top assistants, Shaina Afoa and Jalon McCullough, who are also joining him on the Bulldogs staff. Advertisement "While it is sad to say goodbye, it is rewarding to know that we are leaving this program in a good position," McCarthy said. Over the past 13 years, McCarthy compiled a 309-67 record with a winning percentage of .821, a Great Northwest Athletic Conference-record seven conference titles and nine NCAA Division II Tournament berths. The Seawolves finished as NCAA Division II national runner-ups in 2016, the highest finish in program history. McCarthy molded eight All-Americans, 10 All-Region and 38 All-GNAC selections, and was named GNAC Coach of the Year six times and West Region Coach of the Year five times. The Seawolves defeated nine Division I opponents and claimed a pair of Great Alaska Shootout titles. "We wish to extend our deepest appreciation to Ryan McCarthy. For the past 13 years, coach McCarthy has led the women's basketball program and has made special contributions to the program's success," athletic director Ryan Swartwood said in a statement. "We wish coach McCarthy the best in his next chapter." UAA said it will begin a national search for its next head women's basketball coach immediately.
Yahoo
04-03-2025
- Yahoo
Do you recognize this man? Brookline Police post video of suspect accused of defacing Tesla vehicles
Brookline Police are seeking the public's help in identifying a suspect caught on video who is accused of defacing Tesla vehicles with Elon Musk decals. Police on Tuesday publicly posted a video showing the man, who was riding a bike and wearing a helmet, on social media. The suspect was filmed while riding around on his bike on Sunday afternoon and defacing Tesla vehicles in the Brookline Village area, police said. At least three victims have reported to police that their cars were targeted. 'We are looking to identify this suspect who was seen tagging Tesla vehicles with Elon Musk decals,' police said in a post on X, formerly known as Twitter, shortly after 1 p.m. Tuesday. 'When confronted the suspect claimed he has the right to deface the property of others because it's his 'free speech,'' police said. 'We'd like to speak with the suspect so we can educate him on the difference between 'free speech,' and vandalizing property belonging to others,' police said in another post on Facebook, citing state laws. In the short video shared by police, unidentified bystanders confront the bicyclist, as he circles them on his bike, about his apparent tagging of Tesla vehicles. 'Why do you think you have the right to do that?' one bystander asks the bicyclist. 'It's my free speech,' the suspect replies. 'Free speech? Not on your car. Yeah? That doesn't matter. It's not up to you to decide anything,' the bystander says. 'To do what?' the bicyclist replies. 'To put a sticker on other people's car,' the bystander says. A third voice, that of a woman, is heard in the video saying, 'You ruined my car.' 'Then take it off,' the bicyclist says. 'You guys can get a better car, if you can afford that car,' the bicyclist says to the bystanders. 'It's not up to you to say anything,' the male bystander says. 'Like I said, we have a difference of opinion,' the bicyclist says at the end of the short video. Anyone with information is urged to contact Brookline Police Detective Ryan McCarthy at 617-730-2710 or via email at rmccarthy@ Brookline Police shared their post one day after officials said several Tesla charging stations in Littleton were likely intentionally set on fire. The reported vandalism in Massachusetts comes as demonstrators have gathered outside Tesla stores across the U.S. in recent days to protest the automaker's billionaire leader, Elon Musk, The Associated Press reported. Protesters are targeting Musk over his push to slash government spending on behalf of President Donald Trump. 'We can get back at Elon,' Nathan Phillips, a 58-year-old ecologist from Newton, who was protesting in Boston on Saturday, the Associated Press reported. 'We can impose direct economic damage on Tesla by showing up at showrooms everywhere and boycotting Tesla and telling everyone else to get out, sell your stocks, sell your Teslas,' Phillips told the AP. This is a developing story. Check back for updates as more information becomes available. Download the FREE Boston 25 News app for breaking news alerts. Follow Boston 25 News on Facebook and Twitter. | Watch Boston 25 News NOW
