Transport sector

An Expert's View about Transportation and Storage in Ireland

Posted on: 26 May 2012

The Irish Government has committed that over one quarter of total current and future capital spending be invested in public, road and other transport projects.

Transport sector in Ireland Notwithstanding constrained resources, land, sea and air transport and infrastructure, although much improved over recent years, continue to remain a priority capital area for maintenance, improvement and further development by the Irish Government. Market overview Transport provision in Ireland is, as a rule, state owned and operated, with the rail, port, bus and airport sectors all state controlled. The national and capital city bus companies, together with the national rail company, are part of an umbrella state transport company, CIÉ. Transport Infrastructure is, as a result, largely state owned, in particular, the rail, bus, airport, ports and road sector. However, certain limited bus routes, (light) rail, as well as small parts of the road network, have private involvement in their construction and operation, mostly via public private partnership arrangements. This private sector involvement is expected to increase going forward, in particular, in the rail sector, with the Irish Government indicating that it will open up the sector to competition from 2013, in line with EU legislation. Key opportunities As reiterated in its recent Capital Expenditure Review 2012 to 2016, the Irish Government has committed that over one quarter of total current and future capital spending be invested in public, road and other transport projects. This underscores the country’s drive for a modern, efficient, environmentally sound, energy secure and economically attractive transport sector, as a fundamental element to ensuring Ireland remains, and continues to improve, as a place in which to live and invest. Selected opportunities include: Road - Aside from some national road projects, most spending on road infrastructure (around 85 percent) will be directed toward maintenance and upgrade work. In total, €2.9 billion will be invested from 2012 to 2016. Rail - A new 'Luas' connector line, as the Dublin tram system is known, will connect the existing city centre Luas lines. It is expected to cost €180 million. National and regional network speed and capacity improvements, as well as electrification of certain lines, are also planned. Such investment is estimated to total €330 million. Overall Network - Further investment in the Railway Safety Programme, replacement of public sector obligation buses, together with the upgrade of existing quality bus corridors is planned. Other projects include a number of important cycling and pedestrian projects, as well as the removal of certain bottle necks and pinch points across all transport modes. In total, €1.4 billion will be invested across the network in this way from 2012 to 2016. Latest export opportunities – Mass Transport Latest export opportunities – Ireland Getting into the market There are few barriers to entry with the same language, similar legal and regulatory structures as well as numerous cultural and business links. That said, British companies wishing to enter and / or develop their business in the Irish market are advised to undertake as much market research and planning as possible. UKTI’s team in Ireland, with its wide local knowledge and sector experience, can assist in this. Assistance includes, but is not limited to: ξ Provision of market information; ξ Validated lists of agents / distributors / other contacts as required; ξ Key market players or potential customers in the Irish market; ξ Establishment of interest of such contacts in working with you; ξ Arranging appointments; and ξ Organising seminars or other events for you to meet contacts and promote your company in the Irish market; ξ And other tasks as required. More about doing business in Ireland Contacts Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS). To commission research or for general advice about the market, get in touch with our specialists in country - or contact your local international trade team. ξ Rebecca Wardell, Deputy Director, British Embassy Dublin. Tel: 00353 (0)1 205 3763 or email: ξ Gavin Davidson, Trade Advisor, British Embassy Dublin. Tel: 00353 (0)1 205 3759 or email: Contact your local international trade team Events Intelligent Transport Systems (‘ITS’) Ireland Conference & Exhibition 5th October 2012 An annual conference, ITS Ireland exists to promote the development and deployment of intelligent transport systems and services for safer, more efficient and more sustainable transport in Ireland. Transport Ireland Circa March 2013 An annual conference featuring presentations, discussions and networking opportunities from transport providers, regulators, Government and other stakeholders. European Intelligent Transport Systems Congress 2013 Circa 4th to 6th June 2013 An annual conference, the event is the most important high-profile European event for the intelligent transport systems sector. In 2013, it will host its European conference in Ireland. UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows. Latest events – Mass Transport Useful links More about OMIS and other UKTI services for exporters
Posted: 26 May 2012

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