Oireachtas Joint and Select Committees

Thursday, 22 March 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 4 - Overview of Public Private Partnerships

9:00 am

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

I turn to why we still use PPPs, whatever about ideological opposition to them. I will not argue it but someone could say there was a rationale for PPPs in the economic downturn. However we are getting to a situation in which even that argument no longer holds water when only four or five other European countries use them. The reason other countries do not use them is that there are questions over whether they provide value for money. What is the situation on that? We are third highest at 1.1 and Britain is in front of us. I do not know who else is in front of us but countries like Germany are at zero. They do not use them.

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