A feasibility study into a LUAS system for Cork, the start of the Northern Ring Road and the possible development of the Eastern Gateway Bridge at Páirc Uí Chaoimh are amongst the measures announced today.
Cork is set to be a major winner of today's Ireland 2040 announcement made in Sligo.
As has been previously reported, the plan will confirm a new hospital for Cork along with funding for the Cork to Limerick motorway, the Macroom bypass and funds for the Events Centre.
The Dunkettle Interchange and the N28 Ringaskiddy motorway will also be included.
However, other major projects such as the start of the Northern Ring Road will be announced with a section linking the Dublin motorway to the new Limerick Motorway to be announced.
The Eastern Gateway Bridge that will cross the river Lee at Páirc Uí Chaoimh is not confirmed formally but today's announcement will allow Cork City Council the option of moving that project forward.
Public transport for Cork is set to be key with new park and rides, bus corridors and a new bus fleet expected to be announced.
It is understood a feasibility plan will examine a LUAS system for Cork. Such a system has long been slated for the city with a route likely running from Ballincollig to Mahon connecting the CIT, CUH, city centre and the Docklands.
Cork's Crawford Art Gallery will also benefit from today's announcement with gallery set for a €22m makeover.
University College Cork will get a new dental hospital and a €30 million investment in its business school, while Cork Institute of Technology will get funding for upgrades linked to the creation of the Munster Technological University.
Confirming the details of the plan, Tánaiste Simon Coveney said Cork is the “big winner” of today’s announcement.
“This is a hell of a statement of where Cork is going for the next 10 years. I think the next 10 years will see a bigger growth period for Cork than any time in the history of the state. I think this is a very clear statement that Cork is going to be a real counterbalance to Dublin,” he said.