Oireachtas Joint and Select Committees

Thursday, 24 October 2013

Joint Oireachtas Committee on the Implementation of the Good Friday Agreement

Border Region Road Links: Discussion with NRA

10:50 am

Mr. Fred Barry:

Our PPPs are always supported by the European Investment Bank, which provides a significant level of low interest funding to PPPs. If a scheme is on a TEN-T route it will at least be eligible for a consideration by the EIB for support funding, whereas if a route were not a TEN-T route it is much less likely that the European Investment Bank would support it. Having the N2-A5 designated as a TEN-T route is quite positive from the perspective of at least allowing the possibility of PPP developments.