Oireachtas Joint and Select Committees
Thursday, 14 February 2019
Joint Oireachtas Committee on Housing, Planning and Local Government
Developments in the Water Sector: Discussion
Mr. Feargal Ó Coigligh:
Deputy Casey asked about long-term investment and whether sufficient resources are being made available. As a result of the debate on water, we have a strong policy context for water services, through the strategic funding plans and a commitment from the Government to increase resources under the national development plan to deliver on our shared objectives. Capital expenditure, for example, is expected to increase from €856 million in 2019 to €1.3 billion in 2024. There is an increasing allocation for the capital investment needs. In the long term, that is, the next 25 years rather than just the next five to seven years, we plan to put in place the capital investment necessary to underpin high-quality environmental and economic development in the country.
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