Failure to fix NI Water funding could be “catastrophic” for economy

Northern Ireland Water News

Failure to fix NI Water funding could be “catastrophic” for economy
StormontEnvironment
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Stormont committee told 'current wastewater capacity restraints are holding back some 8,500 homes'

A failure to reform how Northern Ireland’s water and wastewater infrastructure is funded could be “catastrophic” for the region’s economy, MLAs have been told.

The committee is investigating how capacity constraints at NI Water, which provides water and sewerage services, is impacting the construction sector. Water and wastewater infrastructure in the region have been described as in urgent need of upgrade. “Earlier this year the CEF conducted a survey of our home builders which made it clear that the current wastewater capacity restraints are holding back some 8,500 homes, which equates to about £1 billion of investment.

Mr Spence said commitments in the Executive’s Programme for Government to provide more social, affordable and sustainable housing are welcome but fall “drastically short”.Mr Spence said there had to be a comprehensive review of how NI Water is funded so that it has a defined income stream. “Short of a fundamental reform of this nature, we fail to see how Northern Ireland’s Executive can sustainably fund NI Water’s needs given how crucial that investment is to the wider economic activity.”

He said: “It really is a case of the good, the bad, and the ugly for architects who are working with developers. The good being you could be extremely fortunate in this postcode lottery where you happen to be developing in an area where there is the ability to connect and therefore there is no cost.

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