Professor Michael McMahon:

I will let Dr. Casey think about the exact number. I will make a more general statement about it. We have absolutely supported the national development plan. There is clear evidence that Ireland needs investment spending, and the national development plan is a laid-out framework. Again, we would always ask for more detail. The challenge is whether these projects can be delivered on time and on budget. A lot of planning and preparatory work is required for that. If the national development plan were implemented with nothing else, Ireland would move from being below average in terms of investment in the EU to above average and heading towards the upper quartile. As with my earlier response to Deputy Conway-Walsh and as I alluded to in my statement, it important that the debate includes an awareness that years of non-investment cannot be fixed by a sudden injection of investment. It has to be done in a gradual way and in a carefully planned way. That is what we will be pushing the Government to lay out, both in the budget and in future budgets and statements.