Oireachtas Joint and Select Committees

Thursday, 4 May 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Improving Investment Opportunities in the Wider Economy: Discussion

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

In appraising a project and cash flows, what is the longest period for repaid costs? Would it be 20 or 30 years? There is a window now. The mid-term capital review is under way and public consultation has been in train since 30 September. The Government has stated it is looking to appraise this project over a number of months. We expect something in the early autumn. I cannot overstate how important the M20 is for the region as it will be the catalyst for the area. Limerick and the western seaboard will not compete with Dublin but Dublin will bring back sustainable growth in Ireland Inc. The interaction with the Government is ongoing on a range of capital proposals as part of the mid-term capital review. Is that correct?

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