Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance

2:00 pm

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail) | Oireachtas source

The Minister was talking about the quays. I cannot track it at the moment on my phone so he should please forgive my vagueness about it. I refer to a reply from the Department of Finance about congestion costs, but I could be wrong it might be the Department of Transport, Tourism and Sport, which are estimated to cost the economy in Dublin approximately €350 million. It is allied to and in addition to the previous questions, which the Minister answered. I am interested in what the Minister said about the EIB in terms of the investment potential there. The Minister for Transport, Tourism and Sport, Deputy Shane Ross, has offered us precious little consolation when he said the future of transport in Dublin is buses given that the net additional buses received by Dublin Bus this year was 20.

When Transport Infrastructure Ireland was before the committee there was talk about measures that could be taken on the M50 to increase capacity for five years without extending the road but funding has not been provided for that, yet the cost of congestion in the city is estimated at approximately €350 million. Is there anything, in addition to the replies the Minister has given to previous speakers, that he can offer to Dubliners on the potential for further and future investment in transport infrastructure that is non-car related but that is public transport-related and could give them some consolation in terms of dealing with the chronic congestion in the city? The Minister can give me a "Yes" or "No" answer.

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