Tony McCormack (Offaly, Fianna Fail)

I thank the gentlemen very much for coming in today and for giving their opening statements and information on all of their individual companies.

From our point of view, we realise that infrastructure is a critical part of providing the services that we require for building houses. We need to have our roads, our water and our power. The only people who can build that are the guest organisations, so we have to listen to them. Businesspeople in general are normally very positive, so I am very disappointed or surprised to hear the witnesses being so negative. Obviously, there are a lot of things that are wrong that need to be corrected in order to make the landscape here in Ireland efficient and effective enough that the witnesses can come back in here and, critically, have a pipeline on which they can rely. When we talk about the pipeline, if we look at the last term of the previous Government, there was probably about €6 billion spent on infrastructure. This time, we have €19 billion to be spent over the next four years. This is my first question. Do the witnesses think €19 billion is enough? Have we got enough projects in the pipeline? Where do they see the falldown in the pipeline? The pipeline was mentioned hugely here by everybody as they made their statements.