Engineers want significant Budget investment to combat costs and competitiveness [Video]

The Ibec group representing engineers has called for significant government investment in Budget 2025 to help engineering businesses to navigate rising costs and maintain a competitive edge globally.

Engineering Industries Ireland (EII) said in its pre-Budget submission that investments in energy-efficient equipment, innovation, process optimisation, and digital transformation are essential to bring the sector forward. 

Pauline Flanagan, director of EII, said the government must significantly increase investment in research and development to attract international investment, create high-quality jobs, and drive long-term economic growth.

“As the world transitions to a low-carbon economy, it is imperative that Ireland accelerates its investment in renewable energy,” she continued.

“Supporting the development of renewable energy infrastructure and technologies will not only help Ireland meet its climate targets but also position the country as a leader in the global green economy.

“This investment will unlock new opportunities for the engineering sector and contribute to a sustainable and resilient economy.”

EII …