Varadkar: Housing crisis a ‘drag’ on overseas investment

Tánaiste says Ireland’s infrastructure “not up to scratch” with foreign executives often asking about the provision of housing, water and energy before making investment decisions

Varadkar was speaking at the launch of a white paper on the state’s new enterprise policy at government buildings. Picture: Bryan Meade

The housing crisis is acting as a “drag” on overseas investment into Ireland but the pipeline of new projects remains strong, Leo Varadkar has said.

The Tánaiste said while the technology sector was in a period of “retrenchment” he did not expect the foreign direct investment (FDI) sector to fall into a significant slowdown next year.

He added that Ireland’s infrastructure was “not up to scratch” and said foreign executives often ask about the provision ...