Dáil debates
Tuesday, 10 March 2015
Other Questions
Road Network
3:15 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
The answer to the Deputy's first question is €90 million. Regarding the Deputy's second question, I understand that around 76,000 cars are either in the vicinity of that point or would use that interchange. Regarding his third point on timing, I am not in a position to give him that information because that requires a commitment from me about capital funding being available now and, regrettably, that funding is not currently available.
Regarding the ability of the National Roads Authority to borrow money, I will come back to the Deputy with a written confirmation in respect of the particular point he raised. In the context of what has happened in the past, I understand that the National Roads Authority has funded these through public private partnerships, PPP, and that could well be the approach taken for a project such as this one in terms of a bundled approach, if we were able to find a core of capital funding to move the PPP forward. That goes back to the key point I made, namely, that to do that, a core amount of capital funding would be required to fund the hub of a PPP and that funding needs to come from the Exchequer.
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