Shane Ross (Dublin Rathdown, Independent) | Oireachtas source

The Deputy is correct about the deficit. We would like to have an enormous amount of additional money for infrastructure. That is absolutely true. We are exploring and have sent out many signs to Europe that we are interested. We have drawn down from the EIB more than €523 million in transport financing in Ireland in the 2014-2017 period. This includes €143 million for the Gort to Tuam motorway, €21 million for the New Ross bypass, €100 million for the Dublin Port development, €150 million for the Dublin Luas cross-city project and €109 million for the M11 from Gorey to Enniscorthy, which amounts to €523 million. The Deputy referred to the European Fund for Strategic Investments, EFSI, and I note a project involving the Irish Continental Group has used €75 million in EFSI funding and a total investment of €154 million was approved on 1 June 2017. This project involves the construction of a cruise ferry, and is a very useful one.

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