Oireachtas Joint and Select Committees

Wednesday, 29 November 2017

Select Committee on Transport, Tourism and Sport

Estimates for Public Services 2017
Vote 31 - Transport, Tourism and Sport (Supplementary)

1:30 pm

Photo of Shane RossShane Ross (Dublin Rathdown, Independent) | Oireachtas source

I am happy to take that question. The Deputy is right that €150 million came from the European Investment Bank. The funds for the scheme have come from the European Investment Bank by way of a loan of €150 million, the Exchequer and TII reserves, mainly made up of development levies.

On the amount of land zoned, it would be speculative to say how much has been zoned and how much could be raised. I do not think I could do that. However, I could ask TII to give us some estimate, but I imagine it is considered to be a steady, ongoing source of revenue. I doubt that it could be specific, but it might have some projections.

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