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On 22 July 2025, the Irish Government announced a revised National Development Plan (NDP) committing €275.4 billion in infrastructure investment over the 2026–2035 period—the largest capital plan in the State’s history. The initiative aims to address Ireland’s growing population, climate goals, and infrastructure deficits, with housing designated as the central focus.
🏘️ Housing and Supporting Infrastructure
- €40 billion earmarked for housing-related investment:
- €28 billion for direct housing delivery
- €7.68 billion for water infrastructure
- €4.5 billion in additional water services funding
- Target to deliver 300,000 new homes by 2030, including social and affordable units
- Investment in electricity grid, wastewater systems, and transport links to remove bottlenecks hindering housing development
🚆 Broader Infrastructure Commitments
- €24.3 billion for transport, including low-carbon projects like Dublin’s Metrolink
- €12.2 billion for water and wastewater services
- €9.25 billion for health infrastructure, including digitalisation and electronic patient records
- €1.7 billion for Defence Forces modernization, including radar and sonar systems
💶 Funding Sources and Strategic Goals
- Financed through State reserves, including proceeds from Apple tax settlements and AIB share sales
- Backed by the Infrastructure, Climate and Nature Fund (ICNF), with €2 billion annually until 2030
- Designed to enhance economic competitiveness, regional development, and climate resilience
Taoiseach Micheál Martin described the plan as a “landmark moment” for Ireland’s future, while Tánaiste Simon Harris emphasized the need for faster approvals and reduced bureaucracy to ensure delivery.
You can explore the full plan via the Department of Public Expenditure’s official publication or read RTÉ’s housing-focused analysis.
Dail-Eireann-Ireland-Seat-of-Parliament-Dublin-Picture-by-justinpickard
