Oireachtas Joint and Select Committees
Thursday, 3 May 2018
Public Accounts Committee
Vote 29 - Department of Communications, Climate Action and Environment
9:00 am
Ms Breda O'Keeffe:
We have to undertake significant capital investment. We are investing at half our depreciation levels at the moment. We anticipate that the majority of our funds – between €30 million and €40 million of the funds – will go on capital reinvestment. Some of that has already happened. It will take some years to roll out the projects but we are in dire need of capital investment.
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