‘It remains very hard. Big developers haven’t stopped looking at Ireland as closed for business,’ according to construction consultant Anthony McDermott
Anthony McDermott of Mitchell McDermott consultants says Ireland risks losing up to €4bn of investment. Photo: Stock image/Getty
Ireland risks losing up to €4bn of investment in data centres that have already cleared the planning system despite a lifting of the moratorium on the sector, according to an industry expert.
With the power problem still not resolved, the country now risks losing out on a whole new generation of AI-focused data centres that are increasingly at the heart of the tech sector, said Anthony McDermott of construction consultancy Mitchell McDermott, a major player in the sector.