Oireachtas Joint and Select Committees

Tuesday, 29 November 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Motorway Toll Charges: Transport Infrastructure Ireland

Mr. Peter Walsh:

The Deputy is correct that there was a buy-out of the original West-Link Bridge concession, which was completed in 2020. With respect to the money borrowed for construction, it is bought and paid for. The M50 upgrade that was concluded in 2010 is a separate scheme and cost the Exchequer in the region of €1 billion. That is a separate PPP scheme we continue to fund and a significant amount of debt is outstanding on that. Sometimes the two schemes get conflated but they are separate.