Dáil debates

Thursday, 17 April 2014

Topical Issues

Regional Development

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

To reply to my colleague and friend, it would be a disgraceful situation were it the case but it is not the case. To present the strategic investment fund as the only avenue of capital funding is also a gross distortion. To be frank, the existing capital programme, which is set from 2012 to 2016 and totals €17.5 billion, is significantly bigger than the €6.8 billion to which I referred in my remarks. The PPP projects, which we have got over the line because we are out of the bailout programme, are bundled throughout the country. For instance, the next school bundle of PPPs, which is all about Exchequer funding coming from different sources, will be established in places such as Galway, Wexford and Ballinamore-----

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