Ian Guider: Serious questions must be asked about rising costs of Cork’s long-awaited event centre

The figures involved have exploded to a mind-boggling €85 million and the project is on course to become a major white elephant

With building materials costs, wage rates and other prices shooting up since the pandemic, there’s little chance of the tab for Cork’s event centre being under €100 million

How many major capital spending projects have come in on time and on budget in the last 30 years?

Motorways, bypasses, schools, tunnels, trams, hospitals and a myriad of other public works have been completed since we’ve found ourselves flush with money to provide the vital infrastructure a modern country demands.

Most of these were finished well past their expected completion dates and way beyond their initial estimates. The state has been on the hook ...