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After six years of underinvestment, Northern Ireland Water has been granted £2.1 billion to spend on capital investment programmes to improve infrastructure as well as to meet climate and environmental goals. The increase in capital investment will enable the company to provide wastewater treatment services that have lagged behind the rate of housing growth.
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Investment in Northern Ireland's wastewater and drainage systems fell so far behind over the past six years that housing and industrial developments were stalled. As the country's water network awaits the regulator's verdict on spending plans for the next price control, its director of finance and regulation Ronan Larkin discusses the consequences of further underinvestment.
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