Dáil debates

Tuesday, 4 May 2004

2:30 pm

Photo of Séamus BrennanSéamus Brennan (Dublin South, Fianna Fail)

One of these days I will be right. As regards the question on the choice between a metro and Irish Rail's proposal, having examined both options I fully support the metro option. That is the Department's position. Iarnród Éireann has made some interesting proposals, some of which we have acted on, including upgrading the DART, developing double and quadruple tracking and resignalling parts of the railway network. Much of the work the company has done in developing its proposals is valuable and I thank it for them.

A metro offers the best long-term solution. The first line alone would cater for 24 million passengers per annum. This is equivalent to what the DART and the suburban rail combined are currently carrying. I agree with the Deputy's suggested route from DCU to Tara Street via the Mater hospital and O'Connell Street. The Government has yet to finalise that route but it seems to be the right one.

The Deputy posed a very astute question to the PPP. It is not involved because of the structure proposed to finance the metro. This structure involves the State paying nothing until the train runs for the first time. There would be an 18 month process for tendering and a construction period of up to four years. There would therefore be no money for a five year period. A fixed availability payment of €200 million to €300 million per annum, according to the RPA, would be made once the metro was up and running. It is like a fixed mortgage as it is less painful over a period of time. That is the present suggested structure of the PPP; the State would not put up capital money, the international consortia would design, build, finance and arguably operate it. An external firm will operate the Luas so it is likely the same will occur with the metro.

I confess that I have sent the proposal back to the RPA more than once for additional information. I was not satisfied with some suggestions but I hope to have a decision soon.

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