Paul Gavan (Sinn Fein) | Oireachtas source

Given the time constraints, I will ask one final question of Dr. Walker about infrastructure, in particular, energy infrastructure. The need to invest now and over the next number of years in addressing infrastructure constraints is an area where business and trade unions agreed. That is significant. At the National Economic Dialogue, Dr. Walker's chief executive officer, CEO, Mr. Danny McCoy, said: "A failure to meet the pressing investment needs of the Irish economy over the coming years would represent a greater risk to future economic development and social cohesion than any potential future 'rainy day'." In terms of the corporation tax receipts surplus the State is currently experiencing that we rightly keep hearing about, can Dr. Walker tell us more about the new national infrastructure funds that IBEC has called for in order to address the capacity constraints?