Dáil debates

Thursday, 1 June 2017

Other Questions

Public Private Partnerships

4:55 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

Yes, there is a cost and these moneys must be repaid. We all accept that. However, consider the opportunity costs of not having proceeded with some of the projects that PPPs are currently funding. The costs we repay include maintenance of roads and so forth, so we must do something. I share Deputy Burton's concerns about the Minister's remark on whether we have capacity to deliver and whether there will be construction cost overruns. That is what the Department of Public Expenditure and Reform should be about. Again, I point to the need for a centralised infrastructure planning unit that should be able to negotiate all of that. However, we must have some indication of the Minister's views on PPPs ahead of the capital plan review and the Minister announcing that. In that context and in terms of proposals for PPPs, representatives of Transport Infrastructure Ireland, TII, appeared before the Committee on Budgetary Oversight some weeks ago and said their hands are tied in respect of developing new road projects because of the limitations on PPPs. We must have a signal one way or the other so that if the Minister intends to relieve this limit people can start planning and infrastructure can be put into the pipeline. If not, we will have to pursue other avenues for funding.

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