Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

To answer the question that Deputy Burton put to me a moment ago on the report of the Parliamentary Budget Office and its point about PPPs, I note that one can make that point about any large public capital investment. It takes many years to determine whether it has delivered its objectives and provides value for money. To reiterate the point I made a moment ago, I now see PPPs in a different context. The context is as Deputy Burton has described. We should go ahead with them when they make sense, if the State decides that the money can be sourced more effectively and cheaply than if it was to pay for it.

See this speech in context