Dáil debates

Tuesday, 26 May 2009

3:00 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael)

We all agree it is very important that metro north proceeds. Members of the Opposition have been approached by the different consortia in regard to the issues which have arisen. I have no preference for any one nor have I any interest in it but the point has been made to us that some consortia cannot raise the funds to tender for this project while others can do so.

The Minister referred to the European Investment Bank. The key point is that we ensure whoever gets this project gives value for money. If one of the companies bidding cannot put the financial package together out of its own resources and if it cannot get the money from the European Investment Bank or other sources, it places it at a competitive disadvantage. I appreciate what the Minister said about not having been approached on this issue but what else, if anything, can be done to create a level playing field?

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