Oireachtas Joint and Select Committees

Wednesday, 8 March 2017

Committee on Budgetary Oversight

Developments in the National Debt: National Treasury Management Agency

2:00 pm

Mr. Conor O'Kelly:

Yes. Scale is what PPP operators look for, and they look for a continual pipeline. Primary care is a very good example. Some 14 primary care centres are currently being built around the country through PPPs. That is about €160 million in total value so it is projects with a value between €100 million and €200 million. Smaller scale projects do not tend to attract the capital and the breadth of interest at the kind of rates that would become attractive. Medium to large scale projects are particularly suitable. The schools bundles have worked extremely well and the Department of Education and Skills, and the schools, are very happy.

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