Oireachtas Joint and Select Committees
Thursday, 12 October 2017
Public Accounts Committee
Transport Infrastructure Ireland: Financial Statements 2016
9:00 am
Mr. Michael Kennedy:
We gave our interim projections. We said that under the current growth scenario. Growth is going at about 8% or 9% at the moment. If that were to materialise, payments would conclude next year. However, if that traffic growth were to slow down - we have to account for that - it could drift for a couple of years yet. In a very low traffic growth scenario of the order of 1% per annum over the coming years the arrangement could drift to 2023 or 2024.
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