Opportunities
Threats
• Redevelopment of the Cork City Docks is progressing
Climate Change causing rising sea levels and biodiversity loss.
•
and upon completion will provide extensive employment and housing opportunities.
• Energy crisis will potentially cause disruption for citizens and businesses. • Cost of living increases, energy crisis and war in Ukraine will disproportionality impact Cork City’s vulnerable citizens and negatively impact businesses. • A lack of diversification among the Cork city ’ s FDI base, terms of sector, could expose the local economy to risks related to macroeconomic trends in trade and investment and to policy changes in partner countries • Lack of Housing supply which is hindering social, cultural and economic growth.
• Cork City can beco me one of Europe’s most sustainable and climate friendly city thanks to its participation in the EU Missions Climate Neutral and SMART Cities Programme • Create linkages between Cork City’s indigenous enterprise and Cork City’s multinational base to benefit Cork City’s indigenous base and further embed multinationals in Cork City’s economy • Potential to develop a local green economy through offshore windfarms and tidal energy due to Cork City’s proximity to the sea. • Unlock the value of the social economy to deliver both social and economic benefits. • Further develop Cork City’s tourism sector to create economic and employment opportunities. • The strength of Cork City Centre as a the key commercial hub of the region.
23
Powered by FlippingBook