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Future of Engineering in Ireland

2»

Comments

  • #32
    DublinDilbert
    Registered Users, Registered Users 2 Posts: 5,400 ✭✭✭DublinDilbert


    kearnsr wrote: »
    Another company that comes to mind is Viola (who run the Luas but also do so so many other things) who use a lot of Irish engineers and Irish engineering companies.

    That's good...

    I guess the one thing is that none of these ppp's are exporting anything its all internal, ie they are just committing the irish peoples money for the next X years.

    So they are not going to bring any money into Ireland... I think there needs to be serious encouragement given to any companies developing products and services for export, to bring money in to Ireland.

    The problem with the last 10 years of "boom" in Ireland, it's not been based on exporting anything, its been based on cheap credit coming into the country, with the global credit crunch this money tap has been turned off...


  • #33
    godtabh
    Moderators, Science, Health & Environment Moderators Posts: 23,266 Mod ✭✭✭✭godtabh


    DublinDilbert wrote: »
    That's good...

    I guess the one thing is that none of these ppp's are exporting anything its all internal, ie they are just committing the irish peoples money for the next X years.

    So they are not going to bring any money into Ireland... I think there needs to be serious encouragement given to any companies developing products and services for export, to bring money in to Ireland.

    The problem with the last 10 years of "boom" in Ireland, it's not been based on exporting anything, its been based on cheap credit coming into the country, with the global credit crunch this money tap has been turned off...

    The way I look at is that these people are freeing up tax payers money building projects that the lads in the Dail can afford now. These projects charge a fee. These fees can lead to large profits for these companies and with corporation tax, vat etc at least some money goes back in to the country.

    Mind you with my background I'm not sure if its that simple


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