Dáil debates

Tuesday, 29 January 2019

Ceisteanna - Questions

Cabinet Committee Meetings

4:55 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

These projects are happening. When it comes to any capital project, one really only knows what it will cost when the final tender comes in. It is a bit like putting a house on the market. One can estimate what it might cost to buy but it is only when it goes on the market and a final tender is made that one knows what it will really cost. I am not aware of any new public private partnerships, PPPs. I anticipate that the M20 will be a PPP. PPPs worked well for previous road projects but there are not any that I am aware of. The amount approved by Cabinet for the children's hospital was €1.446 billion but that is not the full Exchequer contribution. That contribution is €1.343 billion, which is slightly lower. The reason for that is that the car park and retail elements are included in the figure but will be commercially run. It is also anticipated that some funding will be raised by philanthropy-----

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