Colm Burke (Cork North Central, Fine Gael) | Oireachtas source

The organisation in question has delivered this in other jurisdictions. I presume the State would become full owner of the facility in 25 years. The State would pay back over 25 years. For example, Cork City Council took this route in respect of a substantial extension to City Hall in Cork back in 2003 or 2004 when I was Lord Mayor of Cork. There was a full tendering process and contractors were appointed. They provided the finance, did the building and delivered and now we have something that will last for another 100 years. Likewise with hospitals, we want to improve the infrastructure in the healthcare sector and this might be a fast way of dealing with it.