Mick Barry (Cork North Central, Solidarity) | Oireachtas source

The Tánaiste stated earlier that there was no parallel whatsoever between the cost overruns in respect of the national children's hospital and those relating to the Cork event centre and that no conclusions could be drawn about the fact that one company, BAM, was central to both projects. The BAM overrun at the national children's hospital arose when the figure of €432 million ballooned to €556 million. At the Cork event centre, costs increased from €53 million to €74 million. Let us take the Tánaiste at his word and let us look at a different example entirely, namely, the example of the Port of Cork. BAM had the contract to redevelop the Port of Cork and move it down towards the mouth of the harbour at Ringaskiddy.

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