“Transport is not an end in itself but rather a means allowing people to access what they need: jobs markets and goods, social interaction, education, and a full range of other services contributing to healthy and fulfilled lives.”
The above quote from the UN’s special advisory group illustrates just how important transport is to our daily lives and wellbeing. However, amidst all the benefits of strong transport infrastructure we are still seeing a considerable amount of environmental negatives which can’t be ignored. Transport in Ireland is 97% dependent on oil and is responsible for a 24% increase in CO2 emissions since 2012.
Coupled with this, congestion levels are only getting worse around the country. In 2018 Dublin was ranked the slowest city centre in Europe with Dublin drivers spending an average of 246 hours in traffic. Cork and Galway are little better.
RPS is a leading global professional services firm. They work across six sectors: property, energy, transport, water, resources, defence and government services. Gresham House Strategic PLC (LON:GHS) has a holding in RPS plc.