Cross-border projects in trouble… July 15, 2016Posted by WorldbyStorm in Uncategorized.
Speaking of the SPB, it noted that Brexit is putting immediate pressure on cross-border projects.
Flagship cross border projects, such as the Narrow Water Bridge… are all heavily dependent on funding from the EU. But with EU infrastructure funding in doubt following Brexit vote there is reluctance among other funders to commit only to the projects.
Other projects include the A5 dual-carriageway from Tyrone to Derry and the restoration of the Ulster Canal. More unintended consequence. It certainly underlines how panglossian Newton Emerson’s views last week were.