I also want to specifically note the role of EIB Vice-President Andrew McDowell in making today’s initiative happen, and for his work in further developing the mutually relationship that exists between the Ireland and the European Investment Bank. The EIB, as you will be is the long-term lending institution of the European Union. It is owned by the EU’s Member States, including Ireland. Since 1973, the EIB has provided more than 15 billion euro for investment to improve public services and key infrastructure. It has unlocked new funding opportunities. I welcome the recent opening of the EIB’s new offices in Dublin, and the increased engagement by the EIB with Government Departments and key stakeholders in Ireland. This is strengthening support for crucial investment across our country. There is therefore a strong current match between Ireland’s need to invest in social housing, and the EIB’s willingness to support socially-minded infrastructure projects.
I also want to specifically note the role of EIB Vice-President Andrew McDowell in making today’s initiative happen, and for his work in further developing the mutually relationship that exists between the Ireland and the European Investment Bank. The EIB, as you will be is the long-term lending institution of the European Union. It is owned by the EU’s Member States, including Ireland. Since 1973, the EIB has provided more than 15 billion euro for investment to improve public services and key infrastructure. It has unlocked new funding opportunities. I welcome the recent opening of the EIB’s new offices in Dublin, and the increased engagement by the EIB with Government Departments and key stakeholders in Ireland. This is strengthening support for crucial investment across our country. There is therefore a strong current match between Ireland’s need to invest in social housing, and the EIB’s willingness to support socially-minded infrastructure projects.
EIB-Workshop-22-March-Minister-Coveney.docx