The Government’s decision to scrap Fianna Fáil’s decentralisation scheme means that several hundred jobs promised for Waterford City and Dungarvan shall now not materialise.
While disappointing, this news can hardly come as a surprise given the current economic circumstances. But nonetheless, it represents another kick in the teeth for Waterford, coming so soon after the merged VEC regional Headquarters was awarded to Wexford.
Needless to say, Dublin-centred interests are happy with the announcement given that 40 decentralisation projects have now been scrapped, with the vast majority of those jobs historically located in the capital.