Oireachtas Joint and Select Committees

Wednesday, 19 June 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Public Private Partnerships: Discussion

1:30 pm

Mr. Kevin Meaney:

I can take that question. Obviously, we have had the IMF review and it has an international presence. It would be aware of examples, perhaps unfortunate examples, in other jurisdictions from which we could learn.

We are also part of a group in Europe called EPEC, which is a PPP expert committee with European expertise. Again, this would guide on best practices and lessons learned from the European system. Our colleagues in the NDFA would highlight that we came later to adopting PPPs generally than our neighbours, in the UK, for example. These countries may have started ten to 15 years ahead of us in many instances. In the initial stages, many lessons were probably learned from some mistakes that had occurred in the UK. In this regard, there was a benefit to being a bit later in adopting this approach.

Comments

No comments

Log in or join to post a public comment.