Infrastructure Delivery Vital for Continued Investor Confidence and Sustained Growth

Cork Chamber welcomes €440m Investment Announcement by Merck
Cork Chamber, the voice of business in Cork has today welcomed the announcement of a €440m investment by Merck.
 
Conor Healy, CEO of Cork Chamber commented on the announcement: "This a landmark investment and a major vote of confidence in Cork as a centre of excellence for life sciences and as the location of choice for leading global companies in this sector.”
 
“These investments will provide a major jobs boost to the city, county and region and are testament to the confidence that this global company has in the ability of our city region to continue to deliver the right environment for growth.”
 
“The Carrigtwohill plant which has already seen huge investment over the years, will now grow its employment base adding 135 new jobs. The construction of the new Merck site at Blarney with a further 235 jobs is excellent news and the entire life sciences ecosystem will benefit from these growth plans by Merck.”
 
“With ambitious private investment such as this due to be completed by 2027, it puts into sharp focus the need to fast-track delivery of sustainable transport, housing and other infrastructure needs across the eastern and northern reaches of our city and county. It is now essential that we see greater urgency in realising plans for the electrification of our suburban rail lines, the introduction of additional stations, as well as connected, functioning cycle-ways along with the delivery of housing to support the continued economic growth of our region. Government must reverse the decision not to fund the N25 Carrigtwohill-Midleton project, and allow the essential upgrade of the route as a strategic multi modal route to go ahead. Enhancements to connectivity further east including a bypass of Castlemartyr, should support improved access from East Cork and Waterford and must also be progressed.”
 
“The Merck team and management, and the IDA are to be commended for securing this momentous investment for Cork. We, at Cork Chamber, will continue our work on behalf of all our members, along with the IDA and other stakeholders to ensure that Cork is an attractive destination for business.”