Oireachtas Joint and Select Committees

Tuesday, 29 November 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Motorway Toll Charges: Transport Infrastructure Ireland

Photo of Ruairí Ó MurchúRuairí Ó Murchú (Louth, Sinn Fein) | Oireachtas source

We could all probably get into the ins and outs of every individual toll, and try to find out the ins and outs of what particular level of profit these companies are getting. It is fair to say that some of them seem to be doing very well. That is the bit that sometimes comes up. It is the counterargument to what Mr. Walsh said in the sense of assessing how good these companies are in delivering for people. There have been numerous newspaper articles, and a significant amount of commentary here, on the huge amount of money made by Celtic Roads Group and whoever else, and what money is behind these companies, when we talk about investment funds, asset management companies and all the rest of it. Their stakeholders seem to be very well paid. The fear is that, across the board, we are not necessarily getting the long-term bang for our buck that we should and that there is a serious problem with the sustainability of our road maintenance system at this point.

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