Cavan Monaghan Fianna Fáil TD Brendan Smith has welcomed confirmation by An Taoiseach Micheál Martin TD that the Shared Island Unit of his Department will commission a study by the National Economic and Social Council to review the opportunities and challenges facing the Central Border Region on a cross-border basis.
“The Shared Island Initiative of the Department of the Taoiseach provides a €2 billion commitment to support investment and co-operation across all sectors on cross-border and all-Ireland projects up to 2035. This is bringing to fruition many projects that many of us thought would never be realised,” stated Deputy Smith.
“Through the office of An Taoiseach and in various parliamentary questions, I have asked if the National Economic and Social Council would undertake a study of the challenges facing the Central Border Region, North and South, and also identify the opportunities for further economic and social development. We need to plan in an ambitious, inclusive and positive manner and ensure that we prepare to realise the great potential of our region and develop our economy and create additional job opportunities.
“I have been a representative in the southern Ulster counties for some time. I saw the challenges with the currency fluctuations and the movement of trade that devastated our local economy over many years. We should be prepared for turbulence in the economy that may arise but that nobody can readily predict. The current global geopolitical uncertainty clearly shows the economic challenges that can arise from such turbulence. In this context, a robust cross-border strategy needs to be put place to ensure we can react in a coherent and effective way.
“While there has already been significant developments in the area of the Dublin-Belfast corridor and also in the Derry-Letterkenny cross-border region, I am concerned that there needs to be a specific focus on the Central Border Region of Cavan, Monaghan, Fermanagh, Tyrone and Armagh. This area can be vulnerable because it is highly dependent on a small number of sectors, such as food, farming, construction products and tourism. Thankfully those sectors are vibrant, providing valuable employment and doing business in the domestic and international markets.
“I have consistently emphasised that we should undertake a comprehensive study to identify the challenges and also the opportunities and ensure that our Central Border Region is not disadvantaged.
“I am very glad to have now received confirmation from the Taoiseach that this study is to be undertaken and it will allow us to put in place a development strategy for the Central Border Region that is evidence-based and focussed on achievable and quantifiable objectives. We need to plan in an ambitious, inclusive and positive manner and ensure that we prepare to realise the great potential of our region and develop our economy and create additional job opportunities,” concluded Deputy Brendan Smith.














