|Check-in at Shannon Airport, County Clare |
Shannon Development Chief Executive, Kevin Thompstone, has called for the urgent rollout of a €4 billion high-speed broadband telecommunications infrastructure, across Ireland.
Speaking at the announcement of the Company’s 2007 end of year results on Tuesday, Thompstone said, “To be truly competitive in the knowledge economy, Ireland urgently needs to have ultra high speed broadband available in every part of the country. Clients from major international corporations will not wait a few years for the private sector to provide what is a vital piece of public communications infrastructure, they will simply vote with their feet and invest elsewhere.”
“While economic growth in Ireland is still high, in comparison to many of our European counterparts, we need to ensure that we are battle fit to meet the growing pressures of globalisation. One initiative which offers Ireland an opportunity to both catch up with and leap ahead of other parts of the world in relation to pervasive broadband access is the development of a national Next Generation Network (NGN). One of the key elements of NGN is that broadband is delivered not just to a town via a fibre ring but direct to enterprise and the home by means of fibre to the door.
A brave decision is needed to invest in NGN broadband infrastructure ahead of demand if Ireland is to tackle international competition. The government should start with a national NGN pilot project, and I believe that Shannon Town, with its unique mix of industry and homes, is ideally positioned to act as the pilot location for the rollout of NGN in Ireland,” said Thompstone.
Commenting on Shannon Developments results for 2007, Thompstone said, “Shannon Development continued to demonstrate leadership and action and accelerated a number of its key strategies to develop a counterpole to the East Coast. The Company performed well despite a difficult operating environment, and its sharpened regional focus yielded dividends for the Shannon Region,” he said.
See Finfacts article on the gulf between rhetoric, spending and reality in the goal to become a "world class knowledge economy":
The Irish Mind and the Knowledge Economy: Should we bank everything on fuzzy leprechaunic political dreams?
Shannon Development says it measures its 2007 successes on the delivery in four key areas of activity: